Norristown, PA Real Estate
According to census data in the year 2000 there were 13,523 housing units in Norristown.
This represents a 3.4% growth from 13,080 in 1990.
Of those housing units, 13,523 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norristown is about 48.1%.
Norristown's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Norristown were built after 1944.
|Housing Units by Size|
|Five Bedrooms or more||5.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.73|
|Median year structure was built||1939|
|Median Value of occupied units||$85,400|
|Median Price asked for vacant units||$83,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1947|
|Median Monthly Rent asked for vacant units||$490|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.9%|