Norwich, NY Real Estate
According to census data in the year 2000 there were 3,500 housing units in Norwich.
This represents a 0.1% decline from 3,502 in 1990.
Of those housing units, 3,500 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norwich is about 48.3%.
Norwich's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Norwich were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 24.30% |
| Two Bedrooms | 24.10% |
| Three Bedrooms | 29.50% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $61,000 |
| Median Price asked for vacant units | $46,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $390 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 7.40% |
| Simple Mortgage | 47.60% |
| Debt Free | 41.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
