Nicholson, PA Real Estate
According to census data in the year 2000 there were 303 housing units in Nicholson.
This represents a 18.5% decline from 372 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 303 were located in what is classified as a rural area.
Homeownership rate in Nicholson is about 79.1%.
Nicholson's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Nicholson were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 8.60% |
| Two Bedrooms | 17.80% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 26.10% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $83,800 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 50% |
| Debt Free | 35.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
