Fairland, IN Real Estate
According to census data in the year 2000 there were 480 housing units in Fairland.
This represents a 0.2% growth from 479 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 480 were located in what is classified as a rural area.
Homeownership rate in Fairland is about 88.9%.
Fairland's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Fairland were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 2.90% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $85,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1974 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 44.60% |
| Debt Free | 32% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
