Newburyport, MA Real Estate
According to census data in the year 2000 there were 7,913 housing units in Newburyport.
This represents a 6.9% growth from 7,400 in 1990.
Of those housing units, 7,789 were located in either urbanized areas or urban clusters, and 124 were located in what is classified as a rural area.
Homeownership rate in Newburyport is about 66.7%.
Newburyport's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Newburyport were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 16.50% |
| Two Bedrooms | 29.30% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 18% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $253,600 |
| Median Price asked for vacant units | $118,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.7 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $861 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 56.80% |
| Debt Free | 26.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
