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Arcadia, IN Real Estate


According to census data in the year 2000 there were 610 housing units in Arcadia. This represents a 10.9% growth from 550 in 1990.

Of those housing units, 610 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Arcadia is about 74.1%. Arcadia's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.66 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom9%
Two Bedrooms28%
Three Bedrooms47.50%
Four Bedrooms12.80%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1956
Median Value of occupied units$87,800
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1959
Median Monthly Rent asked for vacant units$394

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.40%
Home Equity Loan9.10%
Simple Mortgage52.80%
Debt Free25.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%