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Burlington, IN Real Estate


According to census data in the year 2000 there were 208 housing units in Burlington. This represents a 17.8% decline from 253 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 208 were located in what is classified as a rural area.

Homeownership rate in Burlington is about 74.9%. Burlington's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.16 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.20%
Two Bedrooms30.30%
Three Bedrooms41.30%
Four Bedrooms17.80%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1955
Median Value of occupied units$86,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan0%
Simple Mortgage46.50%
Debt Free45.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%