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Norco, LA Real Estate


According to census data in the year 2000 there were 1,415 housing units in Norco. This represents a 3.2% growth from 1,371 in 1990.

Of those housing units, 1,409 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.

Homeownership rate in Norco is about 81.2%. Norco's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Norco were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom4.80%
Two Bedrooms27.80%
Three Bedrooms54.50%
Four Bedrooms10.20%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1964
Median Value of occupied units$87,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1956
Median Monthly Rent asked for vacant units$314

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan1.40%
Simple Mortgage41.40%
Debt Free55.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%