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La Paz, IN Real Estate


According to census data in the year 2000 there were 226 housing units in La Paz. This represents a 0% decline from 226 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 226 were located in what is classified as a rural area.

Homeownership rate in La Paz is about 60%. La Paz's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in La Paz were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.20%
Two Bedrooms40.30%
Three Bedrooms31%
Four Bedrooms14.60%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1948
Median Value of occupied units$66,100
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1965
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan4.40%
Simple Mortgage53.10%
Debt Free37.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%