Erwin, NC Real Estate
According to census data in the year 2000 there were 2,055 housing units in Erwin.
This represents a 8.7% growth from 1,891 in 1990.
Of those housing units, 1,982 were located in either urbanized areas or urban clusters, and 73 were located in what is classified as a rural area.
Homeownership rate in Erwin is about 71.9%.
Erwin's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Erwin were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.60% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $68,400 |
| Median Price asked for vacant units | $65,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $387 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 48% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
