Lowell, NC Real Estate
According to census data in the year 2000 there were 1,132 housing units in Lowell.
This represents a 0.7% growth from 1,124 in 1990.
Of those housing units, 1,132 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lowell is about 63.8%.
Lowell's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Lowell were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 10.90% |
| Two Bedrooms | 46.40% |
| Three Bedrooms | 37.50% |
| Four Bedrooms | 4.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $73,900 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 50.80% |
| Debt Free | 38.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
