Newton Grove, NC Real Estate
According to census data in the year 2000 there were 256 housing units in Newton Grove.
This represents a 19.6% growth from 214 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 256 were located in what is classified as a rural area.
Homeownership rate in Newton Grove is about 74.9%.
Newton Grove's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Newton Grove were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7% |
| Two Bedrooms | 14.80% |
| Three Bedrooms | 62.50% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $94,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1971 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 18.70% |
| Simple Mortgage | 25.30% |
| Debt Free | 52% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
