Morrisville, PA Real Estate
According to census data in the year 2000 there were 680 housing units in Morrisville.
This represents a 9.3% growth from 622 in 1990.
Of those housing units, 572 were located in either urbanized areas or urban clusters, and 108 were located in what is classified as a rural area.
Homeownership rate in Morrisville is about 59.1%.
Morrisville's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Morrisville were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 19.70% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $90,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 44.60% |
| Debt Free | 45% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
