Housing Insights for ZIP Code 03862 (North Hampton, NH)

Housing Summary for ZIP Code 03862

Homeowners

The median home value in ZIP Code 03862 (North Hampton, NH) is unknown. Approximately 88.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.2%.

The average occupancy of owner-occupied units in ZIP Code 03862 is 2.49 occupants, while owner-occupied units have an aggregate average size of 3.11 bedrooms per housing unit.

Renters

In the 03862 ZIP Code, an estimated 11.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 1.97 occupants, while renters in this Rockingham County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 03862

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 03862.

ZIP 03862 New Hampshire U.S.
Median Home Value unknown $508,384 $364,385
Owner-Occupied Housing Units 88.6% 71.1% 64.0%
Homeowner Vacancy Rate 3.2% 1.2% 1.6%
Average Size of Owner-Occupied Unit 2.49 2.59 2.70
Average # of Bedrooms Per Unit 3.11 2.68 2.75
Median Housing Rent $0 $1,111 $1,062
Renter-Occupied Housing Units 11.4% 28.9% 36.0%
Rental Vacancy Rate 0.0% 3.9% 6.0%
Average Size of Renter-Occupied Unit 1.97 2.12 2.49
Percent of Income Spent on Rent 0% 29.29% 29.83%

Home Ages in ZIP Code 03862 (North Hampton, NH)

Approximately 19.7% of homes in this North Hampton, NH region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 03862 is about 2% lower than percentage of homes built in this time period in New Hampshire overall (20.2% of homes), and is 56% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 16.9% of local homes were built in 1990 to 1999. On the other end of the scale, just 1.9% of homes in this Rockingham County ZIP Code were built in 1940 to 1949 in ZIP Code 03862. In comparison, 3.6% of homes in New Hampshire overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 03862

A detailed regional comparison of home ages in ZIP Code 03862.

Year Built ZIP 03862 New Hampshire U.S.
2014 or later 2.5% 1.6% 2.5%
2010 to 2013 2.7% 1.9% 2.7%
2000 to 2009 11.4% 12.0% 14.0%
1990 to 1999 16.9% 10.4% 13.9%
1980 to 1989 9.3% 19.8% 13.4%
1970 to 1979 14.2% 14.8% 15.2%
1960 to 1969 13.7% 8.6% 10.6%
1950 to 1959 7.7% 7.1% 10.3%
1940 to 1949 1.9% 3.6% 4.9%
1939 or earlier 19.7% 20.2% 12.6%

Age of Homes in ZIP Code 03862

See the chart below for details on the age of homes in ZIP Code 03862, New Hampshire, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 03862

Frequently asked questions about housing in this North Hampton, NH ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 03862.

1

What are owner-occupied vacancy rates like in ZIP Code 03862?

The vacacy rate for owner-occupied housing in ZIP Code 03862 is 3.2%. This rate is 167% higher than the overall New Hampshire owner-occupied vacancy rate of 1.2%. Additionally, the 03862 vacancy rate is 100% higher than the entire U.S. vacancy rate of 1.6%.
2

Does ZIP Code 03862 have older homes or newer construction?

In ZIP Code 03862, about 19.7% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 16.9% of homes in the region were built in 1990 to 1999. In contrast, 1.9% of homes in 03862 were built in 1940 to 1949.
3

What is the housing breakdown in ZIP Code 03862? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 03862 than renter-occupied housing. Owner-occupied units make up 88.6% of housing, compared to 11.4% for renter-occupied units.
4

Are rental vacancy rates high in ZIP Code 03862?

The vacacy rate for rental units in ZIP Code 03862 is 0.0%. This rate is 100% lower than the overall New Hampshire vacancy rate of 3.9%. Additionally, the 03862 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.