Norwich, CT Real Estate
According to census data in the year 2000 there were 16,600 housing units in Norwich.
This represents a 0.8% growth from 16,472 in 1990.
Of those housing units, 16,292 were located in either urbanized areas or urban clusters, and 308 were located in what is classified as a rural area.
Homeownership rate in Norwich is about 52.5%.
Norwich's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Norwich were built after 1950.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.6|
|Median year structure was built||1951|
|Median Value of occupied units||$110,900|
|Median Price asked for vacant units||$95,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.06|
|Median year structure was built||1949|
|Median Monthly Rent asked for vacant units||$570|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20%|