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Hillsboro, IN Real Estate


According to census data in the year 2000 there were 183 housing units in Hillsboro. This represents a 7.1% decline from 197 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 183 were located in what is classified as a rural area.

Homeownership rate in Hillsboro is about 78.3%. Hillsboro's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Hillsboro were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms34.40%
Three Bedrooms49.20%
Four Bedrooms8.70%
Five Bedrooms or more4.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939
Median Value of occupied units$63,300
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1952

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.40%
Home Equity Loan7.80%
Simple Mortgage42.20%
Debt Free40.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%