New Salem, PA Real Estate
According to census data in the year 2000 there were 271 housing units in New Salem.
This represents a 5.4% growth from 257 in 1990.
Of those housing units, 271 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 Salem is about 88.4%.
New Salem's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in New Salem were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.80% |
| Two Bedrooms | 18.10% |
| Three Bedrooms | 49.80% |
| Four Bedrooms | 24.40% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $118,000 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.50% |
| Second Mortgage | 3% |
| Home Equity Loan | 10% |
| Simple Mortgage | 52.20% |
| Debt Free | 32.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
