Page 16 - Town of Newcomb Comprehensive Plan - 2010
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               housing units in the town.  Most (91 percent) were single‐family detached homes. In addition,
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               mobile homes accounted for 6.8 percent of the town’s housing units, while slightly less than
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               one percent of the town’s housing were multiple housing units (e.g., two‐family and apartment
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               buildings). In comparison, approximately 76 percent of Essex County housing units were single‐
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               family  detached  homes  and  the  percentage  of  mobile  homes  was  the  same  as  the  Town’s.
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               According to the 2000 U.S. Census, more than a third (231) of Newcomb’s housing units were
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               built between 1940 and 1959 (this age is consistent with the age of construction of the housing
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               stock relocated from the Tahawus community), whereas 39 percent of Essex County housing
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               units were built before 1939 and 36 percent were built between 1970 and 1999. In Newcomb,
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               since 1959, there has been a continual decline in the number of homes built. From 1990 to
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               2000, only 57 homes were constructed and since 2000 only 46 additional housing units were
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               built (see Figure 4, Age of Housing Stock).
               While the number of housing units built each year has steadily decreased, the value of new
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               home construction has increased exponentially. In 2001, five (5) housing units were built at an
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               average cost of $49,700. In 2007, the same number of homes were built at an average cost of
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               $406,000. Although these figures to some extent reflect a rise in construction costs, they also
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               reflect  a  trend  towards  the  construction  of  expensive  second  homes  by  relatively  affluent
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               seasonal residents. According U.S. Census Bureau figures, in 2000, Newcomb’s median housing
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                                                                   value  was  $78,500.  By  2007,  the  median
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                   Figure 6 – Year‐Round & Seasonal Housing
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                                                                   value had increased to $122,762 – a nearly
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                                                                   36  percent  increase  since  2000.  Essex
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                                                                   County figures are somewhat comparable
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                                                                   to that of the Town’s. In 2000, the median
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                                                                   housing  value  for  Essex  County  was
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                                                                   $76,800.  By  2007,  the  median  housing
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                                                                   value  in  the  County  had  increased  to
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                                                                   $129,951 (see Figure 5, Number & Cost of
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                  Source: Essex Countty Real Property Tax Services
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                                                                   Housing Units Trend).
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               The majority of housing in Newcomb is occupied throughout the year; however, a significant
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               number are seasonal homes. Many of these seasonal homes are part of the Goodnow Flow
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               homeowners associaation. Based on real property information, 75 percent of residential homes
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               are  used  year‐round  and  25  percent  are  seasonal  (see  Figure  6,  Year‐Round  &  Seasonal
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               Housing).

               1   According to the U.S. Census, a “housing unit” is a house, an apartment, a mobile (manufactured) home or trailer, a group of
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               rooms, or a single room that is occupied as separate living quarters or, if vacant, is intended for occupancy as separate living
               quarters
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                                                                             Town of Newcomb Comprehensive Plan
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                                                                                                   March 2010
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