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Groton, NY Real Estate


According to census data in the year 2000 there were 1,028 housing units in Groton. This represents a 12.8% growth from 911 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,028 were located in what is classified as a rural area.

Homeownership rate in Groton is about 64.4%. Groton's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Groton were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14.90%
Two Bedrooms20.80%
Three Bedrooms31.60%
Four Bedrooms25.70%
Five Bedrooms or more5.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1939
Median Value of occupied units$72,300
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1941
Median Monthly Rent asked for vacant units$421

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan7.80%
Simple Mortgage58.80%
Debt Free26.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%