Decatur, IN Real Estate
According to census data in the year 2000 there were 4,237 housing units in Decatur.
This represents a 20% growth from 3,532 in 1990.
Of those housing units, 4,185 were located in either urbanized areas or urban clusters, and 52 were located in what is classified as a rural area.
Homeownership rate in Decatur is about 68.8%.
Decatur's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Decatur were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 9% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 42.80% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $77,900 |
| Median Price asked for vacant units | $52,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $301 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 52.10% |
| Debt Free | 35.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
