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New Roads Apartments, Mortgage Quotes, And Real Estate


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New Roads Mortgage and Real Estate Facts

Overview

In New Roads there are 1,838 places to live. The city has, of course, a mix of various types of housing. Recently 65% of the livable housing units were owner-occupied.

New Roads Mortgage

In New Roads, 47% of housing units (exluding rentals) have a mortgage. Home equity loans and second mortgages are not rare in the city; about 9% of owners use them.

Mortgage and interest rate quotes for the New Roads area (or anywhere else you choose in the US) are available, without obligation or credit checks:

New Roads Mortgage Statistics

CategoryValue
Homes With No Mortgage53%
With A Mortgage47%
First Mortgage Only37%
Second Mortgage or Home Equity Loan9%
Second Mortgage Only2%
Home Equity Loan Only7%

New Roads Housing Expenses

CategoryValue
Owner Costs as % of Income17.5%
Median Real Estate Taxes (2000)$199

New Roads Household Size

CategoryValue
Total Occupied1,838
1-Person Households31%
2-Person Households27%
3-Person Households17%
4-Person Households11%
5-Person Households8%
6-Person Households4%
7+-Person Households2%

New Roads Housing Stock

CategoryValue
Median Year Built1965
Median Year Built (Owner Occupied)1966
Median Year Built (Renter Occupied)1964

New Roads Home Heating

CategoryValue
Using Utility Co. Gas Heat73%
Using Bottled/Tank Gas Heat1%
Using Electric Heat25%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

New Roads Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom5%
2 Bedrooms23%
3 Bedrooms57%
4 Bedrooms10%
5+ Bedrooms4%
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New Roads Mortgage Rates

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