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 Type | 0% |
| One Bedroom | 8.40% |
| Two Bedrooms | 20.40% |
| Three Bedrooms | 58.80% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $112,000 |
| Median Price asked for vacant units | $78,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $330 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 20% |
| Simple Mortgage | 50.40% |
| Debt Free | 22.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
