Advance, IN Real Estate
According to census data in the year 2000 there were 193 housing units in Advance.
This represents a 9% growth from 177 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 193 were located in what is classified as a rural area.
Homeownership rate in Advance is about 80.5%.
Advance's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 3.05 people.
The majority of houses, apartments or condos in Advance were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.30% |
| Two Bedrooms | 24.90% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 20.20% |
| Five Bedrooms or more | 7.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $83,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.11 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.50% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 70.80% |
| Debt Free | 23.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
