Ranlo, NC Real Estate
According to census data in the year 2000 there were 900 housing units in Ranlo.
This represents a 35.7% growth from 663 in 1990.
Of those housing units, 900 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ranlo is about 73%.
Ranlo's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Ranlo were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11% |
| Two Bedrooms | 38.20% |
| Three Bedrooms | 46% |
| Four Bedrooms | 3.70% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $70,200 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 11.10% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 49.60% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
