New Roads, LA Real Estate
According to census data in the year 2000 there were 2,057 housing units in New Roads.
This represents a 3% growth from 1,998 in 1990.
Of those housing units, 2,003 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in New Roads is about 65%.
New Roads's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in New Roads were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 15.30% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $69,800 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $245 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 37.40% |
| Debt Free | 53.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
