Mt. Gilead, NC Real Estate
According to census data in the year 2000 there were 542 housing units in Mt. Gilead.
This represents a 3.6% growth from 523 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 542 were located in what is classified as a rural area.
Homeownership rate in Mt. Gilead is about 66.9%.
Mt. Gilead's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Mt. Gilead were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 9% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $74,500 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 17.40% |
| Simple Mortgage | 40.70% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
