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King, NC Real Estate


According to census data in the year 2000 there were 2,471 housing units in King. This represents a 58.2% growth from 1,562 in 1990.

Of those housing units, 2,400 were located in either urbanized areas or urban clusters, and 71 were located in what is classified as a rural area.

Homeownership rate in King is about 81.9%. King's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.37 people.

The majority of houses, apartments or condos in King were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.40%
Two Bedrooms20.40%
Three Bedrooms58.80%
Four Bedrooms10.60%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1979
Median Value of occupied units$112,000
Median Price asked for vacant units$78,900

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1980
Median Monthly Rent asked for vacant units$330

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan20%
Simple Mortgage50.40%
Debt Free22.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%