Converse, IN Real Estate
According to census data in the year 2000 there were 546 housing units in Converse.
This represents a 7.9% growth from 506 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 546 were located in what is classified as a rural area.
Homeownership rate in Converse is about 78.6%.
Converse's vacancy rate, including seasonal lodging, is about 14.5%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Converse were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.80% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $62,700 |
| Median Price asked for vacant units | $153,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $256 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 50.80% |
| Debt Free | 35.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
