Butler, IN Real Estate
According to census data in the year 2000 there were 1,074 housing units in Butler.
This represents a 5.4% growth from 1,019 in 1990.
Of those housing units, 1,053 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Butler is about 72.5%.
Butler's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Butler were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.30% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $63,900 |
| Median Price asked for vacant units | $34,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $331 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 61.10% |
| Debt Free | 28.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
