Bald Head Island, NC Real Estate
According to census data in the year 2000 there were 591 housing units in Bald Head Island.
This represents a 50% growth from 394 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 591 were located in what is classified as a rural area.
Homeownership rate in Bald Head Island is about 90.8%.
Bald Head Island's vacancy rate, including seasonal lodging, is about 87.1%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Bald Head Island were built after 1994.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 0.70% |
| Two Bedrooms | 22.50% |
| Three Bedrooms | 52.60% |
| Four Bedrooms | 23.50% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $525,000 |
| Median Price asked for vacant units | $541,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1996 |
| Median Monthly Rent asked for vacant units | $1,163 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 42.40% |
| Debt Free | 47.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
