Galena, IN Real Estate
According to census data in the year 2000 there were 632 housing units in Galena.
This represents a 51.6% growth from 417 in 1990.
Of those housing units, 548 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.
Homeownership rate in Galena is about 87.7%.
Galena's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in Galena were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.50% |
| Two Bedrooms | 19.90% |
| Three Bedrooms | 57% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 10.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $132,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $482 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 15.60% |
| Simple Mortgage | 50% |
| Debt Free | 23.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
