Northborough, MA Real Estate
According to census data in the year 2000 there were 2,365 housing units in Northborough.
This represents a 11.5% growth from 2,121 in 1990.
Of those housing units, 2,365 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Northborough is about 77.5%.
Northborough's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Northborough were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 11.50% |
| Two Bedrooms | 21.30% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $199,100 |
| Median Price asked for vacant units | $223,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $193 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 60% |
| Debt Free | 18.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
