Newton, MS Real Estate
According to census data in the year 2000 there were 1,621 housing units in Newton.
This represents a 7.7% growth from 1,505 in 1990.
Of those housing units, 1,377 were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.
Homeownership rate in Newton is about 67.4%.
Newton's vacancy rate, including seasonal lodging, is about 12.4%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Newton were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 6.50% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 50.30% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $56,100 |
| Median Price asked for vacant units | $38,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $253 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 48.90% |
| Debt Free | 45.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
