Morristown, NY Real Estate
According to census data in the year 2000 there were 228 housing units in Morristown.
This represents a 0.4% growth from 227 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 228 were located in what is classified as a rural area.
Homeownership rate in Morristown is about 73.9%.
Morristown's vacancy rate, including seasonal lodging, is about 21.1%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Morristown were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.10% |
| Two Bedrooms | 25.90% |
| Three Bedrooms | 42.10% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 9.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,100 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $335 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 46.90% |
| Debt Free | 38.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
