Norton, OH Real Estate
According to census data in the year 2000 there were 4,514 housing units in Norton.
This represents a 7.1% growth from 4,213 in 1990.
Of those housing units, 4,241 were located in either urbanized areas or urban clusters, and 273 were located in what is classified as a rural area.
Homeownership rate in Norton is about 89.2%.
Norton's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Norton were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 4.80% |
| Two Bedrooms | 19.30% |
| Three Bedrooms | 56.20% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $112,700 |
| Median Price asked for vacant units | $66,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $534 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 40.10% |
| Debt Free | 41.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
