New Milford, PA Real Estate
According to census data in the year 2000 there were 393 housing units in New Milford.
This represents a 3.9% decline from 409 in 1990.
Of those housing units, 350 were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.
Homeownership rate in New Milford is about 72.2%.
New Milford's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in New Milford were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13% |
| Two Bedrooms | 29% |
| Three Bedrooms | 35.10% |
| Four Bedrooms | 16% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $74,700 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 47.70% |
| Debt Free | 45.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
