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New London Housing, Costs

Monthly New London housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

979

100.0%

 

 

 

With a mortgage

488

49.8%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

0

0.0%

$300 - $399 monthly

6

1.2%

$400 - $499 monthly

0

0.0%

$500 - $599 monthly

8

1.6%

$600 - $699 monthly

5

1.0%

$700 - $799 monthly

33

6.8%

$800 - $899 monthly

34

7.0%

$900 - $999 monthly

21

4.3%

$1,000 - $1,499 monthly

136

27.9%

$1,500 - $1,999 monthly

133

27.3%

$2,000 - $2,499 monthly

78

16.0%

$2,500 - $2,999 monthly

22

4.5%

$3,000 or more monthly

12

2.5%

Median in dollars

1,503

 

 

 

 

Without a mortgage

491

50.2%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

0

0.0%

$150 - $199 monthly

0

0.0%

$200 - $249 monthly

0

0.0%

$250 - $299 monthly

28

5.7%

$300 - $399 monthly

41

8.4%

$400 - $499 monthly

120

24.4%

$500 - $699 monthly

145

29.5%

$700 or more monthly

157

32.0%

Median in dollars

564

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

488

49.8%

Less than 20%

161

33.0%

20 - 24%

82

16.8%

25 - 29%

75

15.4%

30 - 34%

16

3.3%

35% or more

154

31.6%

Not computed

0

0.0%

Median

25.1%

 

 

 

 

Without a mortgage

491

50.2%

Less than 20%

370

75.4%

20 - 24%

55

11.2%

25 - 29%

39

7.9%

30 - 34%

0

0.0%

35% or more

22

4.5%

Not computed

5

1.0%

Median

12.9%

 





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