Merom, IN Real Estate
According to census data in the year 2000 there were 135 housing units in Merom.
This represents a 4.3% decline from 141 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.
Homeownership rate in Merom is about 82.6%.
Merom's vacancy rate, including seasonal lodging, is about 19.3%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Merom were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.50% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 48.90% |
| Four Bedrooms | 14.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,900 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.60% |
| Simple Mortgage | 59.20% |
| Debt Free | 38.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
