Milltown, IN Real Estate
According to census data in the year 2000 there were 424 housing units in Milltown.
This represents a 6.3% growth from 399 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 424 were located in what is classified as a rural area.
Homeownership rate in Milltown is about 71%.
Milltown's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Milltown were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.30% |
| Two Bedrooms | 36.80% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $62,200 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 53.50% |
| Debt Free | 33.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
