Norwood, LA Real Estate
According to census data in the year 2000 there were 161 housing units in Norwood.
This represents a 18.4% growth from 136 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.
Homeownership rate in Norwood is about 79.7%.
Norwood's vacancy rate, including seasonal lodging, is about 23.6%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Norwood were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 14.90% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $65,000 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1976 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 0% |
| Simple Mortgage | 56.70% |
| Debt Free | 40.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
