Newfane, NY Real Estate
According to census data in the year 2000 there were 1,188 housing units in Newfane.
This represents a 7.5% growth from 1,105 in 1990.
Of those housing units, 1,016 were located in either urbanized areas or urban clusters, and 172 were located in what is classified as a rural area.
Homeownership rate in Newfane is about 79%.
Newfane's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Newfane were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1953|
|Median Value of occupied units||$72,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.21|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$458|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|