New Castle, PA Real Estate
According to census data in the year 2000 there were 11,703 housing units in New Castle.
This represents a 6.1% decline from 12,463 in 1990.
Of those housing units, 11,703 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Castle is about 64.6%.
New Castle's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in New Castle were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 12.90% |
| Two Bedrooms | 29.30% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,300 |
| Median Price asked for vacant units | $24,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $282 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 37.70% |
| Debt Free | 52.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
