Anderson, IN Real Estate

According to census data in the year 2000 there were 27,598 housing units in Anderson. This represents a 4.7% growth from 26,362 in 1990.

Of those housing units, 27,206 were located in either urbanized areas or urban clusters, and 392 were located in what is classified as a rural area.

Homeownership rate in Anderson is about 63.8%. Anderson's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Anderson were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom13.30%
Two Bedrooms39%
Three Bedrooms36.70%
Four Bedrooms8.30%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1955
Median Value of occupied units$67,900
Median Price asked for vacant units$50,100

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1961
Median Monthly Rent asked for vacant units$391

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.20%
Home Equity Loan6.50%
Simple Mortgage49.60%
Debt Free36.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%