Economy, IN Real Estate
According to census data in the year 2000 there were 80 housing units in Economy.
This represents a 17.6% growth from 68 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 80 were located in what is classified as a rural area.
Homeownership rate in Economy is about 89%.
Economy's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Economy were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 26.30% |
| Three Bedrooms | 40% |
| Four Bedrooms | 20% |
| Five Bedrooms or more | 11.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $51,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.13 |
| Median year structure was built | 1945 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 15.90% |
| Simple Mortgage | 47.60% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
