Newfane, VT Real Estate
According to census data in the year 2000 there were 69 housing units in Newfane.
This represents a 25% decline from 92 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Newfane is about 71.4%.
Newfane's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Newfane were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.70% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 21.70% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 24.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.33 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 27.30% |
| Debt Free | 59.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 27.5% |
