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Newburgh, NY Real Estate


According to census data in the year 2000 there were 10,479 housing units in Newburgh. This represents a 4.8% growth from 9,995 in 1990.

Of those housing units, 10,479 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newburgh is about 30.6%. Newburgh's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 2.97 people.

The majority of houses, apartments or condos in Newburgh were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom25.30%
Two Bedrooms31.20%
Three Bedrooms27.30%
Four Bedrooms9%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.19
Median year structure was built1939
Median Value of occupied units$92,500
Median Price asked for vacant units$125,900

Rented Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1946
Median Monthly Rent asked for vacant units$558

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage4.90%
Home Equity Loan8.90%
Simple Mortgage55.20%
Debt Free30.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%