Elgin, SC Real Estate
According to census data in the year 2000 there were 930 housing units in Elgin.
This represents a 12.7% growth from 825 in 1990.
Of those housing units, 616 were located in either urbanized areas or urban clusters, and 314 were located in what is classified as a rural area.
Homeownership rate in Elgin is about 80.8%.
Elgin's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Elgin were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3% |
| Two Bedrooms | 21.10% |
| Three Bedrooms | 70.50% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $76,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1981 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 16.60% |
| Simple Mortgage | 57.10% |
| Debt Free | 19.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
