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French Lick, IN Real Estate


According to census data in the year 2000 there were 928 housing units in French Lick. This represents a 2.1% decline from 948 in 1990.

Of those housing units, 906 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.

Homeownership rate in French Lick is about 63%. French Lick's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.12 people.

The majority of houses, apartments or condos in French Lick were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom21.90%
Two Bedrooms33.80%
Three Bedrooms35.70%
Four Bedrooms5.10%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1959
Median Value of occupied units$52,800
Median Price asked for vacant units$44,400

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1966
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.40%
Home Equity Loan3.30%
Simple Mortgage63.50%
Debt Free31.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%