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Hamlet, IN Real Estate


According to census data in the year 2000 there were 345 housing units in Hamlet. This represents a 12% growth from 308 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 345 were located in what is classified as a rural area.

Homeownership rate in Hamlet is about 81.2%. Hamlet's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Hamlet were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9%
Two Bedrooms36.20%
Three Bedrooms40.90%
Four Bedrooms8.10%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1951
Median Value of occupied units$64,000
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1955
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan5.30%
Simple Mortgage55.60%
Debt Free30.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%