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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 Type0%
One Bedroom2.50%
Two Bedrooms26.30%
Three Bedrooms40%
Four Bedrooms20%
Five Bedrooms or more11.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$51,900

Rented Homes, Apartments and Condos

Average Household Size4.13
Median year structure was built1945

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan15.90%
Simple Mortgage47.60%
Debt Free36.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%