New Hope, MS Real Estate
According to census data in the year 2000 there were 690 housing units in New Hope.
This represents a 28% growth from 539 in 1990.
Of those housing units, 576 were located in either urbanized areas or urban clusters, and 114 were located in what is classified as a rural area.
Homeownership rate in New Hope is about 93.7%.
New Hope's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in New Hope were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 1% |
| Two Bedrooms | 6.10% |
| Three Bedrooms | 72.20% |
| Four Bedrooms | 18.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $101,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.64 |
| Median year structure was built | 1978 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.60% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 60.70% |
| Debt Free | 21% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
