Newport Beach, CA Real Estate
According to census data in the year 2000 there were 37,336 housing units in Newport Beach.
This represents a 7.1% growth from 34,861 in 1990.
Of those housing units, 37,336 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newport Beach is about 55.5%.
Newport Beach's vacancy rate, including seasonal lodging, is about 11.4%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Newport Beach were built after 1970.
|Housing Units by Size|
|Five Bedrooms or more||5.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1969|
|Median Value of occupied units||$708,200|
|Median Price asked for vacant units||$820,100|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$1,437|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||9.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.3%|