Norwalk, OH Real Estate
According to census data in the year 2000 there were 6,663 housing units in Norwalk.
This represents a 11.9% growth from 5,954 in 1990.
Of those housing units, 6,644 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.
Homeownership rate in Norwalk is about 61.8%.
Norwalk's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Norwalk were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 12% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $97,100 |
| Median Price asked for vacant units | $135,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $406 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 47% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
