New Chapel Hill, TX Real Estate
According to census data in the year 2000 there were 228 housing units in New Chapel Hill.
This represents a 19.4% growth from 191 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 228 were located in what is classified as a rural area.
Homeownership rate in New Chapel Hill is about 82.7%.
New Chapel Hill's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in New Chapel Hill were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 6.60% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 53.10% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $73,000 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.86 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $513 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 55.70% |
| Debt Free | 38.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
