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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

2,814

100.0%

 

 

 

With a mortgage

1,793

63.7%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

0

0.0%

$300 - $399 monthly

0

0.0%

$400 - $499 monthly

8

0.4%

$500 - $599 monthly

73

4.1%

$600 - $699 monthly

74

4.1%

$700 - $799 monthly

78

4.4%

$800 - $899 monthly

166

9.3%

$900 - $999 monthly

201

11.2%

$1,000 - $1,499 monthly

895

49.9%

$1,500 - $1,999 monthly

228

12.7%

$2,000 - $2,499 monthly

48

2.7%

$2,500 - $2,999 monthly

0

0.0%

$3,000 or more monthly

22

1.2%

Median in dollars

1,154

 

 

 

 

Without a mortgage

1,021

36.3%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

0

0.0%

$150 - $199 monthly

8

0.8%

$200 - $249 monthly

37

3.6%

$250 - $299 monthly

53

5.2%

$300 - $399 monthly

324

31.7%

$400 - $499 monthly

331

32.4%

$500 - $699 monthly

216

21.2%

$700 or more monthly

52

5.1%

Median in dollars

427

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

1,793

63.7%

Less than 20%

575

32.1%

20 - 24%

391

21.8%

25 - 29%

248

13.8%

30 - 34%

142

7.9%

35% or more

426

23.8%

Not computed

11

0.6%

Median

24.0%

 

 

 

 

Without a mortgage

1,021

36.3%

Less than 20%

707

69.2%

20 - 24%

137

13.4%

25 - 29%

19

1.9%

30 - 34%

26

2.5%

35% or more

116

11.4%

Not computed

16

1.6%

Median

14.2%

 





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