Galax, VA Real Estate
According to census data in the year 2000 there were 3,217 housing units in Galax.
This represents a 9.3% growth from 2,943 in 1990.
Of those housing units, 2,934 were located in either urbanized areas or urban clusters, and 283 were located in what is classified as a rural area.
Homeownership rate in Galax is about 66.1%.
Galax's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Galax were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.50% |
| Two Bedrooms | 36.20% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $70,300 |
| Median Price asked for vacant units | $45,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 39.50% |
| Debt Free | 49.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
