Elkin, NC Real Estate
According to census data in the year 2000 there were 1,907 housing units in Elkin.
This represents a 6.1% growth from 1,798 in 1990.
Of those housing units, 1,841 were located in either urbanized areas or urban clusters, and 66 were located in what is classified as a rural area.
Homeownership rate in Elkin is about 62.7%.
Elkin's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Elkin were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 13.10% |
| Two Bedrooms | 42.60% |
| Three Bedrooms | 27.50% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $91,100 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $393 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 38.70% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
