North Madison, OH Real Estate
According to census data in the year 2000 there were 3,413 housing units in North Madison.
This represents a 6.3% growth from 3,211 in 1990.
Of those housing units, 3,383 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in North Madison is about 82.6%.
North Madison's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in North Madison were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 4.80% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 53.60% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $96,500 |
| Median Price asked for vacant units | $104,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $440 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 13.80% |
| Simple Mortgage | 54.60% |
| Debt Free | 21.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
