Lebanon, IN Real Estate
According to census data in the year 2000 there were 6,183 housing units in Lebanon.
This represents a 25.9% growth from 4,910 in 1990.
Of those housing units, 6,157 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 66.8%.
Lebanon's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Lebanon were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 16.60% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $90,900 |
| Median Price asked for vacant units | $98,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $459 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 58.40% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
