Moravian Falls, NC Real Estate
According to census data in the year 2000 there were 638 housing units in Moravian Falls.
This represents a 20.4% decline from 802 in 1990.
Of those housing units, 22 were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.
Homeownership rate in Moravian Falls is about 75.2%.
Moravian Falls's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Moravian Falls were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8% |
| Two Bedrooms | 25.10% |
| Three Bedrooms | 50.90% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $100,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $378 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 50.30% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
