Norco, CA Real Estate
According to census data in the year 2000 there were 6,220 housing units in Norco.
This represents a 7.5% growth from 5,785 in 1990.
Of those housing units, 6,220 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norco is about 82.2%.
Norco's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Norco were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 6.90% |
| Two Bedrooms | 12.10% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 30% |
| Five Bedrooms or more | 8% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.2 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $207,400 |
| Median Price asked for vacant units | $218,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 16.30% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 64.20% |
| Debt Free | 13.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.9% |
