Cambridge City, IN Real Estate
According to census data in the year 2000 there were 960 housing units in Cambridge City.
This represents a 3.1% growth from 931 in 1990.
Of those housing units, 960 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cambridge City is about 62.8%.
Cambridge City's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Cambridge City were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 12.90% |
| Two Bedrooms | 29% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $77,700 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $358 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.70% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 52.50% |
| Debt Free | 27.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
