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Westerly Mortgage Quotes And Real Estate


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Westerly Mortgage and Real Estate Facts

Overview

In Westerly residents live in 9,402 "housing units" (houses, condos, rentals, etc.). According to the 2000 census, 64% of the housing in the town was owner-occupied.

Westerly Mortgage

As with most places, mortgages are a fact of life for home owners in Westerly; 64% of houses there have a mortgage. If you're thinking about using a second mortgage or home equity loan on your place in the town, you're not alone. About 13% of home owners have done that.

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

Westerly Mortgage Statistics

CategoryValue
Homes With No Mortgage36%
With A Mortgage64%
First Mortgage Only51%
Second Mortgage or Home Equity Loan13%
Second Mortgage Only5%
Home Equity Loan Only8%

Westerly Housing Expenses

CategoryValue
Owner Costs as % of Income19.9%
Median Real Estate Taxes (2000)$2,083

Westerly Household Size

CategoryValue
Total Occupied9,402
1-Person Households29%
2-Person Households34%
3-Person Households16%
4-Person Households13%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Westerly Housing Stock

CategoryValue
Median Year Built1966
Median Year Built (Owner Occupied)1971
Median Year Built (Renter Occupied)1956

Westerly Home Heating

CategoryValue
Using Utility Co. Gas Heat19%
Using Bottled/Tank Gas Heat2%
Using Electric Heat12%
Using Oil Heat65%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Westerly Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms22%
3 Bedrooms53%
4 Bedrooms16%
5+ Bedrooms6%

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