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Bainbridge, IN Real Estate


According to census data in the year 2000 there were 319 housing units in Bainbridge. This represents a 24.6% growth from 256 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 319 were located in what is classified as a rural area.

Homeownership rate in Bainbridge is about 73.4%. Bainbridge's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Bainbridge were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom7.20%
Two Bedrooms32%
Three Bedrooms45.80%
Four Bedrooms11%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1953
Median Value of occupied units$83,400
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1963
Median Monthly Rent asked for vacant units$438

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage10.30%
Home Equity Loan4.60%
Simple Mortgage59.50%
Debt Free24.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%