Newton, TX Real Estate
According to census data in the year 2000 there were 894 housing units in Newton.
This represents a 7.6% growth from 831 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 894 were located in what is classified as a rural area.
Homeownership rate in Newton is about 67.6%.
Newton's vacancy rate, including seasonal lodging, is about 19.6%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Newton were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 6.80% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $51,200 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 31.90% |
| Debt Free | 67% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
