Oakboro, NC Real Estate
According to census data in the year 2000 there were 551 housing units in Oakboro.
This represents a 123.1% growth from 247 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 551 were located in what is classified as a rural area.
Homeownership rate in Oakboro is about 77.4%.
Oakboro's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Oakboro were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.20% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 59.50% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $85,000 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $319 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 46.40% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
