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Lower Merion School District Housing

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House Price of School Districts Nearby

As of 2010-2014, median price of a house in Lower Merion School District is $527,100, which is much higher than the state average of $164,900 and is much higher than the national average of $175,700. The median year that a house in Lower Merion School District was built is 1951, which is older than the median year for a house built in the state which is 1961 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 17,989 Owner Occupied Houses in Lower Merion School District, #3

Lower Merion School District	527,100 USD
Pennsylvania	164,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Lower Merion School District	0.71%
Pennsylvania	70.00%
U.S.	46.91%

*The Lower Merion School District median house price growth rate is since 2005-2009. The Pennsylvania and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lower Merion School District	Pennsylvania	U.S.
Total Housing Units	25,740, see rank, 100%	5,578,393	132,741,033
Occupied Housing Units	23,945, 93.03%, see rank	88.87%	87.55%
Owner Occupied	17,989, 69.89%, see rank	61.78%	56.34%
Renter Occupied	5,956, 23.14%, see rank	27.10%	31.21%
Vacant Housing Units	1,795, 6.97%, see rank	11.13%	12.45%
For Rent	509, 1.98%, see rank	1.77%	2.34%
For Sale Only	455, 1.77%, see rank	1.08%	1.20%
Rented or Sold, Not Occupied	111, 0.43%, see rank	0.87%	0.92%
For Seasonal, Recreational, or Occasional Use	400, 1.55%, see rank	3.08%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	320, 1.24%, see rank	4.31%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #408

Lower Merion School District	Pennsylvania	U.S.
1951	1961	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lower Merion School District	%	Pennsylvania	U.S.
Owner-Occupied Units	17,989	100%	3,446,230	74,787,460
With a Mortgage	11,364	63.17%, see rank	61.86%	65.58%
Without a Mortgage	6,625	36.83%, see rank	38.14%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lower Merion School District	2,993 USD
Pennsylvania	1,443 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lower Merion School District	%	Pennsylvania	U.S.
$299 or Less	0	0.00%, see rank	0.14%	0.20%
$300 to $499	16	0.14%, see rank	1.71%	1.59%
$500 to $699	111	0.98%, see rank	5.59%	5.01%
$700 to $999	156	1.37%, see rank	15.72%	14.32%
$1,000 to $1,499	846	7.44%, see rank	30.12%	27.90%
$1,500 to $1,999	1,406	12.37%, see rank	21.20%	20.35%
$2,000 to $2,999	3,167	27.87%, see rank	18.03%	19.52%
$3,000 or More	5,662	49.82%, see rank	7.50%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lower Merion School District	21.10% of the Total Income
Pennsylvania	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lower Merion School District	%	Pennsylvania	U.S.
10% or Less	1,254	11.03%, see rank	6.45%	5.86%
10% to 20%	4,086	35.96%, see rank	34.37%	31.95%
20% to 30%	2,523	22.20%, see rank	28.10%	27.64%
30% to 40%	1,363	11.99%, see rank	12.95%	13.74%
40% or More	2,116	18.62%, see rank	17.70%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lower Merion School District	1,001 USD
Pennsylvania	495 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lower Merion School District	%	Pennsylvania	U.S.
$199 or Less	136	2.05%, see rank	3.93%	7.76%
$200 to $299	51	0.77%, see rank	10.62%	14.70%
$300 to $499	355	5.36%, see rank	36.51%	34.63%
$500 to $699	657	9.92%, see rank	26.66%	21.16%
$700 or More	5,426	81.90%, see rank	22.28%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lower Merion School District	13.40% of the Total Income
Pennsylvania	13.50% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lower Merion School District	%	Pennsylvania	U.S.
10% or Less	2,511	37.90%, see rank	35.42%	40.19%
10% to 20%	1,934	29.19%, see rank	33.18%	31.47%
20% to 30%	724	10.93%, see rank	14.06%	12.24%
30% to 40%	459	6.93%, see rank	6.58%	5.64%
40% or More	936	14.13%, see rank	9.77%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lower Merion School District	Pennsylvania	U.S.
Total Housing Units	25,740, 100%	5,578,393	132,741,033
1-unit, Detached	14,545, 56.51%, see rank	57.06%	61.65%
1-unit, Attached	3,036, 11.79%, see rank	18.34%	5.82%
2 Units	555, 2.16%, see rank	4.68%	3.75%
3 or 4 Units	1,312, 5.10%, see rank	4.14%	4.43%
5 to 9 Units	858, 3.33%, see rank	3.34%	4.78%
10 or More Units	5,404, 20.99%, see rank	8.30%	13.08%
Mobile Home, Boat, RV, Van, etc.	30, 0.12%, see rank	4.13%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lower Merion School District	Pennsylvania	U.S.
Total Housing Units	25,740, 100%	5,578,393	132,741,033
1 Room	280, 1.09%, see rank	1.73%	1.95%
2 Rooms	344, 1.34%, see rank	1.73%	2.48%
3 Rooms	2,298, 8.93%, see rank	7.21%	9.13%
4 Rooms	2,873, 11.16%, see rank	12.40%	16.60%
5 Rooms	2,329, 9.05%, see rank	16.40%	20.41%
6 Rooms	2,923, 11.36%, see rank	21.82%	18.06%
7 Rooms	2,648, 10.29%, see rank	14.82%	12.27%
8 Rooms	3,272, 12.71%, see rank	10.70%	8.48%
9 Rooms or More	8,773, 34.08%, see rank	13.18%	10.60%
Median Rooms	7.20, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lower Merion School District	Pennsylvania	U.S.
Total Housing Units	25,740, 100%	5,578,393	132,741,033
No Bedroom	346, 1.34%, see rank	1.91%	2.17%
1 Bedroom	3,423, 13.30%, see rank	10.50%	11.16%
2 Bedrooms	4,549, 17.67%, see rank	23.23%	26.69%
3 Bedrooms	5,955, 23.14%, see rank	43.09%	39.70%
4 Bedrooms	6,177, 24.00%, see rank	17.04%	16.05%
5 or More Bedrooms	5,290, 20.55%, see rank	4.22%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lower Merion School District	Pennsylvania	U.S.
Total Housing Units	23,945, 100%	4,957,736	116,211,092
Utility Gas	15,693, 65.54%, see rank	51.01%	48.85%
Bottled, Tank, or LP Gas	225, 0.94%, see rank	3.81%	4.86%
Electricity	4,208, 17.57%, see rank	21.18%	36.68%
Fuel Oil, Kerosene, etc.	3,550, 14.83%, see rank	18.77%	5.86%
Coal or Coke	9, 0.04%, see rank	1.37%	0.12%
Wood	33, 0.14%, see rank	2.87%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	161, 0.67%, see rank	0.65%	0.47%
No Fuel Used	66, 0.28%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lower Merion School District	Pennsylvania	U.S.
Occupied Units Paying Rent	5,692, 100%	1,418,302	39,201,928
$199 or Less	74, 1.30%, see rank	1.98%	1.50%
$200 to $299	4, 0.07%, see rank	4.36%	3.18%
$300 to $499	64, 1.12%, see rank	9.44%	7.37%
$500 to $699	169, 2.97%, see rank	19.30%	16.01%
$700 to $999	667, 11.72%, see rank	32.15%	29.17%
$1,000 to $1,499	2,707, 47.56%, see rank	23.68%	26.88%
$1,500 to $1,999	1,184, 20.80%, see rank	5.77%	9.79%
$2,000 or More	823, 14.46%, see rank	3.33%	6.10%
Median	$1,348, see rank	$832	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lower Merion School District	Pennsylvania	U.S.
Occupied Housing Units	23,945, 100%	4,957,736	116,211,092
No Vehicles Available	1,488, 6.21%, see rank	11.52%	9.12%
1 Vehicles Available	8,261, 34.50%, see rank	34.19%	33.80%
2 Vehicles Available	10,336, 43.17%, see rank	36.47%	37.48%
3 or More Vehicles Available	3,860, 16.12%, see rank	17.82%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.