The 2000 Census indicates that California has a total of 11,502,870 occupied homes. 5,527,618 of these homes are occupied by the owner. 128,619 have a property value of $1,000,000 or more, or 2.3 percent. 506,560 homes are valued at $500,000 to $999,999, or 9.2 percent 1,054,888 are priced from $300,000 to $499,999, or 19.1 percent. 1,234,462 have a real estate value of $200,000 to $299,999, or 22.3 percent. The are 1,027,275 residences in the $150,000 to $199,000 price range, or 18.6 percent. 934,731 home owners in California have homes valued from $100,000 to $149,999 (16.9 percent). The number of homes in the $50,000 to $99,999 price range is 557,004, or 10.1 percent. There are 84,079 properties priced at less than $50,000, or 1.5 percent.
In California, 4,367,361 or 79.0 percent of home owners have a mortgage. The median monthly mortgage payment is $1,478. 1,160,257, or 21.0 percent of home owners have no mortgage.
California has a total of 4,921,581 occupied rental units. The median rent per month is $747.
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