Hammond, IN Real Estate
According to census data in the year 2000 there were 34,139 housing units in Hammond.
This represents a 0.6% growth from 33,924 in 1990.
Of those housing units, 34,139 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hammond is about 63.2%.
Hammond's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Hammond were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 15.10% |
| Two Bedrooms | 34.10% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $78,400 |
| Median Price asked for vacant units | $75,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $458 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 51.70% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
