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People in Milpitas are spread across 17,137 individual places to live. Owners occupy 70% of the housing units in the city.
About 87% of owner-occupied housing units in Milpitas have a mortgage of one type or another. Approximately 22% of housing units in the city carry a second mortgage or home equity loan.
Mortgage and interest rate quotes for the Milpitas area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Category | Value |
|---|---|
| Homes With No Mortgage | 13% |
| With A Mortgage | 87% |
| First Mortgage Only | 65% |
| Second Mortgage or Home Equity Loan | 22% |
| Second Mortgage Only | 13% |
| Home Equity Loan Only | 9% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 22% |
| Median Real Estate Taxes (2000) | $2,492 |
| Category | Value |
|---|---|
| Total Occupied | 17,137 |
| 1-Person Households | 12% |
| 2-Person Households | 24% |
| 3-Person Households | 20% |
| 4-Person Households | 21% |
| 5-Person Households | 11% |
| 6-Person Households | 6% |
| 7+-Person Households | 6% |
| Category | Value |
|---|---|
| Median Year Built | 1976 |
| Median Year Built (Owner Occupied) | 1976 |
| Median Year Built (Renter Occupied) | 1977 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 83% |
| Using Bottled/Tank Gas Heat | 1% |
| Using Electric Heat | 15% |
| Using Oil Heat | 0% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 3% |
| 1 Bedroom | 4% |
| 2 Bedrooms | 17% |
| 3 Bedrooms | 38% |
| 4 Bedrooms | 32% |
| 5+ Bedrooms | 5% |
Rate quotes from multiple lenders for the Milpitas area:
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Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.