Newton Falls, OH Real Estate
According to census data in the year 2000 there were 2,401 housing units in Newton Falls.
This represents a 12.4% growth from 2,137 in 1990.
Of those housing units, 2,401 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newton Falls is about 55.3%.
Newton Falls's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Newton Falls were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 14.80% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $82,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $395 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 38.30% |
| Debt Free | 42.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
