Mentone, IN Real Estate
According to census data in the year 2000 there were 361 housing units in Mentone.
This represents a 1.6% decline from 367 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 361 were located in what is classified as a rural area.
Homeownership rate in Mentone is about 77.6%.
Mentone's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Mentone were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 5.50% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $64,300 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $408 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 49.80% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
