New Waterford, OH Real Estate
According to census data in the year 2000 there were 588 housing units in New Waterford.
This represents a 15.3% growth from 510 in 1990.
Of those housing units, 575 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in New Waterford is about 76.4%.
New Waterford's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in New Waterford were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 8.20% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $92,200 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 53% |
| Debt Free | 25.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
