Elm City, NC Real Estate
According to census data in the year 2000 there were 506 housing units in Elm City.
This represents a 20.2% decline from 634 in 1990.
Of those housing units, 506 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elm City is about 70.3%.
Elm City's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Elm City were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 3.20% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 60.50% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $64,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.90% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 40.70% |
| Debt Free | 36.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
