Norwood, KY Real Estate
According to census data in the year 2000 there were 176 housing units in Norwood.
This represents a 15% growth from 153 in 1990.
Of those housing units, 176 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norwood is about 82.5%.
Norwood's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Norwood were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.70% |
| Two Bedrooms | 19.30% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 29.50% |
| Five Bedrooms or more | 5.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $172,900 |
| Median Price asked for vacant units | $175,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 23.70% |
| Simple Mortgage | 48.10% |
| Debt Free | 22.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
