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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 Type0.50%
One Bedroom4.80%
Two Bedrooms19.30%
Three Bedrooms56.20%
Four Bedrooms17%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1959
Median Value of occupied units$112,700
Median Price asked for vacant units$66,200

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1961
Median Monthly Rent asked for vacant units$534

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.40%
Home Equity Loan10.70%
Simple Mortgage40.10%
Debt Free41.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%