Northwood, OH Real Estate
According to census data in the year 2000 there were 2,121 housing units in Northwood.
This represents a 5.1% growth from 2,019 in 1990.
Of those housing units, 2,092 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.
Homeownership rate in Northwood is about 87.3%.
Northwood's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Northwood were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.10% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 48.90% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $104,800 |
| Median Price asked for vacant units | $70,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $518 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 15.50% |
| Simple Mortgage | 45.10% |
| Debt Free | 30.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
