Bloomington, IN Real Estate
According to census data in the year 2000 there were 28,359 housing units in Bloomington.
This represents a 28.8% growth from 22,025 in 1990.
Of those housing units, 28,189 were located in either urbanized areas or urban clusters, and 170 were located in what is classified as a rural area.
Homeownership rate in Bloomington is about 35.5%.
Bloomington's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Bloomington were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.90% |
| One Bedroom | 22.10% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $126,000 |
| Median Price asked for vacant units | $99,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $512 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 7.40% |
| Simple Mortgage | 55.90% |
| Debt Free | 30.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
