Tarboro, NC Real Estate
According to census data in the year 2000 there were 4,977 housing units in Tarboro.
This represents a 10.1% growth from 4,520 in 1990.
Of those housing units, 4,842 were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.
Homeownership rate in Tarboro is about 58.4%.
Tarboro's vacancy rate, including seasonal lodging, is about 12.2%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Tarboro were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 12.80% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 46.90% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $78,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $382 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 46% |
| Debt Free | 37.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
