Wakarusa, IN Real Estate
According to census data in the year 2000 there were 616 housing units in Wakarusa.
This represents a 1.6% decline from 626 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.
Homeownership rate in Wakarusa is about 80.9%.
Wakarusa's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Wakarusa were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7% |
| Two Bedrooms | 21.60% |
| Three Bedrooms | 50.60% |
| Four Bedrooms | 17.50% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $96,100 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $363 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 48.10% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
