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Erie, PA Real Estate


According to census data in the year 2000 there were 44,973 housing units in Erie. This represents a 1% decline from 45,424 in 1990.

Of those housing units, 44,937 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.

Homeownership rate in Erie is about 56.2%. Erie's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Erie were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom14.90%
Two Bedrooms28.30%
Three Bedrooms39.20%
Four Bedrooms13.40%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1947
Median Value of occupied units$65,900
Median Price asked for vacant units$54,100

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1944
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage5.90%
Home Equity Loan9.30%
Simple Mortgage44.80%
Debt Free39.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%