Norco, LA Real Estate
According to census data in the year 2000 there were 1,415 housing units in Norco.
This represents a 3.2% growth from 1,371 in 1990.
Of those housing units, 1,409 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Norco is about 81.2%.
Norco's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Norco were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 4.80% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 54.50% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $87,500 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $314 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 41.40% |
| Debt Free | 55.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
