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Troutman, NC Real Estate


According to census data in the year 2000 there were 683 housing units in Troutman. This represents a 18.2% growth from 578 in 1990.

Of those housing units, 621 were located in either urbanized areas or urban clusters, and 62 were located in what is classified as a rural area.

Homeownership rate in Troutman is about 76.9%. Troutman's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Troutman were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom4.70%
Two Bedrooms32.20%
Three Bedrooms45.80%
Four Bedrooms15.70%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1960
Median Value of occupied units$80,700
Median Price asked for vacant units$66,700

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1953
Median Monthly Rent asked for vacant units$299

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.90%
Home Equity Loan12.80%
Simple Mortgage41.70%
Debt Free35.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%