Costs and cost components of mobile home living in owner-occupied units

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Elizabeth Uzzle Meldua (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site:
Jane H. Crow

Abstract: The objectives of this study were to identify: (a) costs of the mobile home unit, (b) sources utilized in financing mobile homes, (c) costs of renting or buying sites in mobile home parks in relation to the size of the mobile home, (d) facilities or services available from park management at additional costs, and (f) other costs to mobile home owners. Data were collected by questionnaire from a 50 percent sample of mobile home owners in 16 randomly selected mobile home parks, located within Orange County, North Carolina. Nearly three-fourths of the homes in the study had been financed by a bank or a dealer. Sixty-eight percent of all financed homes had a total price of $5,000 or more with 6 percent costing over $9,000, while 65 percent of the cash purchases were $5,000 or more with none as high as $9,000. Among respondents reporting rental of sites, a majority paid $25 to $29 per month regardless of the size of their site. The size of sites available for rent varied from under 2,500 to over 8,000 square feet. Water and sewer or septic tank facilities were provided as part of the monthly site rent by parks. A majority of respondents reported an average monthly cost of all services and utilities as being under $5; the next highest incidence was a $6 to $10 cost.

Additional Information

Language: English
Date: 1969

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