Ft. Branch, IN Real Estate
According to census data in the year 2000 there were 1,050 housing units in Ft. Branch.
This represents a 2.3% growth from 1,026 in 1990.
Of those housing units, 1,050 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ft. Branch is about 75.3%.
Ft. Branch's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Ft. Branch were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.90% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $79,400 |
| Median Price asked for vacant units | $59,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $364 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 44.10% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
