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Norwood, GA Real Estate


According to census data in the year 2000 there were 145 housing units in Norwood. This represents a 43.6% growth from 101 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Norwood is about 75.9%. Norwood's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Norwood were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11%
Two Bedrooms23.40%
Three Bedrooms45.50%
Four Bedrooms9.70%
Five Bedrooms or more10.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1973
Median Value of occupied units$34,400
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1968

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan0%
Simple Mortgage16.70%
Debt Free75%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17%