Cedar Grove, NM Real Estate
According to census data in the year 2000 there were 319 housing units in Cedar Grove.
Of those housing units, none were located in either urbanized areas or urban clusters, and 319 were located in what is classified as a rural area.
Homeownership rate in Cedar Grove is about 76.7%.
Cedar Grove's vacancy rate, including seasonal lodging, is about 12.5%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Cedar Grove were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 31% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 25.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $133,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1985 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 16.50% |
| Home Equity Loan | 29.10% |
| Simple Mortgage | 20.30% |
| Debt Free | 34.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
