Gorman, NC Real Estate
According to census data in the year 2000 there were 425 housing units in Gorman.
This represents a 3.8% decline from 442 in 1990.
Of those housing units, 272 were located in either urbanized areas or urban clusters, and 153 were located in what is classified as a rural area.
Homeownership rate in Gorman is about 73.5%.
Gorman's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Gorman were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.80% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 56.90% |
| Four Bedrooms | 4.70% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $129,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 24.10% |
| Simple Mortgage | 20% |
| Debt Free | 52.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
