Griffith, IN Real Estate
According to census data in the year 2000 there were 6,985 housing units in Griffith.
This represents a 1% growth from 6,914 in 1990.
Of those housing units, 6,985 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Griffith is about 66.9%.
Griffith's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Griffith were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 11.20% |
| Two Bedrooms | 26.30% |
| Three Bedrooms | 47.60% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $108,600 |
| Median Price asked for vacant units | $114,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $579 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 55% |
| Debt Free | 25.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
