Home Values: 2000
The value of home and property is an important measure of neighborhood quality, housing affordability and wealth.
In 2000, 55.2 million of the country’s 115.9 million housing units were owner-occupied, single family homes on less than 10 acres.
Census 2000 Question on Housing Value
Median home values more than doubled between 1950 and 2000.
Homeowners aged 45 to 54 lived in the highest-priced homes.
The median value of homes owned by Asian householders was more than 50 percent higher than the national median.
Home values were highest
in the West.
SOUTH
$96,300
MIDWEST
$105,500
NORTHEAST
$139,400
In Census 2000, as in 1990, Hawaii recorded the highest median value for single-family homes among states - $272,700.
Median Home Values: 2000
Median Home Values: 2000
Oregon had the sharpest rise in median home value, up 78 percent.
Median Home Values: 1990 and 2000
Counties with more expensive homes were primarily located in major metropolitan areas.
Among places with 100,000 people or more, Sunnyvale, California recorded the highest median single-family home value, $495,200—more than four times the national median.
Flint, Michigan recorded the lowest median home value among places of 100,000 or more.
Cambridge, Massachusetts, had the highest percentage of homes valued at $1 million or more.
The median value of single-family homes with a mortgage was much higher than the median value of those without a mortgage.
The median value of homes varied by type of structure.
The median value of new homes was higher than that of older homes.
For More Information
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Center at: 301-763-INFO (4636)
Visit the Census Bureau’s website: http://www.census.gov
