Merrillville, IN Real Estate
According to census data in the year 2000 there were 12,391 housing units in Merrillville.
This represents a 20% growth from 10,322 in 1990.
Of those housing units, 11,637 were located in either urbanized areas or urban clusters, and 754 were located in what is classified as a rural area.
Homeownership rate in Merrillville is about 70.8%.
Merrillville's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Merrillville were built after 1970.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.86|
|Median year structure was built||1967|
|Median Value of occupied units||$101,300|
|Median Price asked for vacant units||$90,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.85|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$757|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||7%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.5%|