Beech Grove, IN Real Estate
According to census data in the year 2000 there were 6,314 housing units in Beech Grove.
This represents a 9.7% growth from 5,757 in 1990.
Of those housing units, 6,314 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Beech Grove is about 60.9%.
Beech Grove's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Beech Grove were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 13.20% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 35.80% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $94,000 |
| Median Price asked for vacant units | $102,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $538 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 58.30% |
| Debt Free | 27.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
