New Britain, CT Real Estate
According to census data in the year 2000 there were 31,164 housing units in New Britain.
This represents a 3.6% decline from 32,335 in 1990.
Of those housing units, 31,164 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Britain is about 42.7%.
New Britain's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in New Britain were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 16.80% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $96,900 |
| Median Price asked for vacant units | $82,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $508 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 45.70% |
| Debt Free | 41.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
