Bright, IN Real Estate
According to census data in the year 2000 there were 1,848 housing units in Bright.
This represents a 48.6% growth from 1,244 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,848 were located in what is classified as a rural area.
Homeownership rate in Bright is about 86.7%.
Bright's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Bright were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.20% |
| Two Bedrooms | 18% |
| Three Bedrooms | 51.90% |
| Four Bedrooms | 25.80% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.15 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $145,000 |
| Median Price asked for vacant units | $58,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1979 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 17.20% |
| Simple Mortgage | 58.40% |
| Debt Free | 13.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
