Kannapolis, NC Real Estate
According to census data in the year 2000 there were 15,879 housing units in Kannapolis.
This represents a 24.9% growth from 12,717 in 1990.
Of those housing units, 15,296 were located in either urbanized areas or urban clusters, and 583 were located in what is classified as a rural area.
Homeownership rate in Kannapolis is about 66.7%.
Kannapolis's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Kannapolis were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 6% |
| Two Bedrooms | 46% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $84,400 |
| Median Price asked for vacant units | $68,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $436 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 46.10% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
