Hamilton, IN Real Estate
According to census data in the year 2000 there were 709 housing units in Hamilton.
This represents a 73.8% growth from 408 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 709 were located in what is classified as a rural area.
Homeownership rate in Hamilton is about 72.7%.
Hamilton's vacancy rate, including seasonal lodging, is about 26.5%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Hamilton were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.60% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 14.50% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $95,500 |
| Median Price asked for vacant units | $90,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 50% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
