Elgin Town, SC Real Estate
According to census data in the year 2000 there were 331 housing units in Elgin Town.
This represents a 43.3% growth from 231 in 1990.
Of those housing units, 329 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Elgin Town is about 90.1%.
Elgin Town's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Elgin Town were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.60% |
| Two Bedrooms | 15.70% |
| Three Bedrooms | 69.80% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $93,300 |
| Median Price asked for vacant units | $87,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.3 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.70% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 64.20% |
| Debt Free | 16% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
