Arapahoe, NC Real Estate
According to census data in the year 2000 there were 213 housing units in Arapahoe.
This represents a 9.2% growth from 195 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 213 were located in what is classified as a rural area.
Homeownership rate in Arapahoe is about 80.2%.
Arapahoe's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Arapahoe were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.30% |
| Two Bedrooms | 23.90% |
| Three Bedrooms | 65.70% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $85,000 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 42.20% |
| Debt Free | 45.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
