Laurel, IN Real Estate
According to census data in the year 2000 there were 226 housing units in Laurel.
This represents a 3.7% growth from 218 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 Laurel is about 62.7%.
Laurel's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Laurel were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 9.70% |
| Two Bedrooms | 47.30% |
| Three Bedrooms | 30.10% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $49,800 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 54.50% |
| Debt Free | 37.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
