Muncie, IL Real Estate
According to census data in the year 2000 there were 70 housing units in Muncie.
This represents a 9.1% decline from 77 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.
Homeownership rate in Muncie is about 79.4%.
Muncie's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Muncie were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.60% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 17.10% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $44,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1945 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 59.50% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
