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Milford (Decatur County), IN Real Estate


According to census data in the year 2000 there were 51 housing units in Milford (Decatur County). This represents a 24.4% growth from 41 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 51 were located in what is classified as a rural area.

Homeownership rate in Milford (Decatur County) is about 71.7%. Milford (Decatur County)'s vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Milford (Decatur County) were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.80%
Two Bedrooms49%
Three Bedrooms39.20%
Four Bedrooms3.90%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1956
Median Value of occupied units$57,500

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan0%
Simple Mortgage48.10%
Debt Free44.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%