Wharton, NJ Real Estate
According to census data in the year 2000 there were 2,394 housing units in Wharton.
This represents a 12.8% growth from 2,122 in 1990.
Of those housing units, 2,394 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wharton is about 62.4%.
Wharton's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Wharton were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 14.70% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 30.90% |
| Four Bedrooms | 17.70% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $165,300 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.30% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 50.60% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
