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East Chicago, IN Real Estate


According to census data in the year 2000 there were 13,261 housing units in East Chicago. This represents a 1.7% decline from 13,484 in 1990.

Of those housing units, 13,261 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in East Chicago is about 44.6%. East Chicago's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.75 people.

The majority of houses, apartments or condos in East Chicago were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom15.60%
Two Bedrooms40.20%
Three Bedrooms29%
Four Bedrooms8.70%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1944
Median Value of occupied units$69,900
Median Price asked for vacant units$51,900

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1953
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.70%
Home Equity Loan3.90%
Simple Mortgage48.20%
Debt Free43%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%