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Millwood, WA Real Estate


According to census data in the year 2000 there were 779 housing units in Millwood. This represents a 8.3% growth from 719 in 1990.

Of those housing units, 779 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Millwood is about 73.4%. Millwood's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Millwood were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom13%
Two Bedrooms36.70%
Three Bedrooms30.30%
Four Bedrooms15.10%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1953
Median Value of occupied units$97,700
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1960
Median Monthly Rent asked for vacant units$431

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.90%
Home Equity Loan3.10%
Simple Mortgage57.20%
Debt Free28.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%