New City, NY Real Estate
According to census data in the year 2000 there were 11,217 housing units in New City.
This represents a 5.5% growth from 10,628 in 1990.
Of those housing units, 11,217 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 City is about 90.8%.
New City's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in New City were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 5.60% |
| Two Bedrooms | 8.50% |
| Three Bedrooms | 27.50% |
| Four Bedrooms | 43.30% |
| Five Bedrooms or more | 14.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $272,100 |
| Median Price asked for vacant units | $218,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $1,333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 11% |
| Simple Mortgage | 59% |
| Debt Free | 22.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
