Nicholson, GA Real Estate
According to census data in the year 2000 there were 492 housing units in Nicholson.
This represents a 131% growth from 213 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 492 were located in what is classified as a rural area.
Homeownership rate in Nicholson is about 76.1%.
Nicholson's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.96 people.
The majority of houses, apartments or condos in Nicholson were built after 1990.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 2.40% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 54.30% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $86,700 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $358 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 49% |
| Debt Free | 41.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
