Gary, IN Real Estate
According to census data in the year 2000 there were 43,630 housing units in Gary.
This represents a 7.3% decline from 47,082 in 1990.
Of those housing units, 43,630 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Gary is about 55.9%.
Gary's vacancy rate, including seasonal lodging, is about 12.3%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Gary were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.62|
|Median year structure was built||1954|
|Median Value of occupied units||$53,400|
|Median Price asked for vacant units||$34,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$361|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||7.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.5%|