Marengo, IN Real Estate
According to census data in the year 2000 there were 406 housing units in Marengo.
This represents a 0.2% decline from 407 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 406 were located in what is classified as a rural area.
Homeownership rate in Marengo is about 63.9%.
Marengo's vacancy rate, including seasonal lodging, is about 12.1%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Marengo were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 18.70% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 31.50% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $53,600 |
| Median Price asked for vacant units | $21,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $331 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 50.50% |
| Debt Free | 36.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
