There are 15,091 housing units in Norwich. An estimated 52% of living spaces in the city are occupied by their owners, not by renters.
In Norwich, 69% of non-rental housing carries a mortgage. In the city 20% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.
Mortgage and interest rate quotes for the Norwich area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Location | Pop. | Median Family Income (2000) |
|---|---|---|
| Norwich | 36,117 | $49,155 |
| Groton | 10,010 | $43,859 |
| Jewett City | 3,053 | $45,826 |
| Mystic | 4,001 | $70,625 |
| New London | 25,671 | $38,942 |
| Niantic | 3,085 | $65,077 |
| Willimantic | 15,823 | $38,427 |
| Mortgage Lender Name |
|---|
| CHELSEA GROTON SAVINGS BANK |
| * Disclaimer: List is not guaranteed to be complete or accurate. |
| Credit Union | Year Opened | Q1-2 2006 Mortgages | Phone |
|---|---|---|---|
| COREPLUS FEDERAL CREDIT UNION | 1936 | 310 | (860) 886-0576 |
| * Disclaimer: List is not guaranteed to be complete or accurate. |
| Credit Counselor Name | Phone |
|---|---|
| CATHOLIC CHARITIES, NORWICH, CT | 860-889-8346 |
| CCCS OF SOUTHERN NEW ENGLAND, A DIVISION OF MMI | 800-208-2227 |
| * Disclaimer: List is not guaranteed to be complete or accurate. |
| Name | Type | Assets (Millions) | Local Branches |
|---|---|---|---|
| Bank of America, National Association | All Other > $1 Billion | 1,047,537 | 3 |
| Dime Bank | Commercial Lending | 524 | 4 |
| Eastern Federal Bank | Commercial Lending | 157 | 2 |
| Liberty Bank | Commercial Lending | 2,309 | 1 |
| People's Bank | Commercial Lending | 10,936 | 4 |
| Savings Institute Bank and Trust Company | Commercial Lending | 636 | 1 |
| The Chelsea Groton Savings Bank | Mortgage Lending | 657 | 3 |
| * Disclaimer: List is not guaranteed to be complete or accurate. |
| Category | Value |
|---|---|
| Homes With No Mortgage | 31% |
| With A Mortgage | 69% |
| First Mortgage Only | 49% |
| Second Mortgage or Home Equity Loan | 20% |
| Second Mortgage Only | 11% |
| Home Equity Loan Only | 9% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 20% |
| Median Real Estate Taxes (2000) | $2,360 |
| Category | Value |
|---|---|
| Total Occupied | 15,091 |
| 1-Person Households | 32% |
| 2-Person Households | 33% |
| 3-Person Households | 16% |
| 4-Person Households | 12% |
| 5-Person Households | 5% |
| 6-Person Households | 1% |
| 7+-Person Households | 1% |
| Category | Value |
|---|---|
| Median Year Built | 1950 |
| Median Year Built (Owner Occupied) | 1951 |
| Median Year Built (Renter Occupied) | 1949 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 24% |
| Using Bottled/Tank Gas Heat | 2% |
| Using Electric Heat | 5% |
| Using Oil Heat | 68% |
| Using Coal | 0% |
| Using Wood Heating | 1% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 0% |
| 1 Bedroom | 3% |
| 2 Bedrooms | 22% |
| 3 Bedrooms | 49% |
| 4 Bedrooms | 21% |
| 5+ Bedrooms | 5% |
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