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Burgaw, NC Real Estate


According to census data in the year 2000 there were 1,067 housing units in Burgaw. This represents a 52% growth from 702 in 1990.

Of those housing units, 978 were located in either urbanized areas or urban clusters, and 89 were located in what is classified as a rural area.

Homeownership rate in Burgaw is about 59%. Burgaw's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Burgaw were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom8.30%
Two Bedrooms31.80%
Three Bedrooms47.70%
Four Bedrooms9.70%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1970
Median Value of occupied units$91,300
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1982
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan6.40%
Simple Mortgage47.90%
Debt Free38%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%