Frankton, IN Real Estate
According to census data in the year 2000 there were 789 housing units in Frankton.
This represents a 15.5% growth from 683 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 789 were located in what is classified as a rural area.
Homeownership rate in Frankton is about 86%.
Frankton's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Frankton were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.70% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 57% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $79,000 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 46.80% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
