Milton, IN Real Estate
According to census data in the year 2000 there were 246 housing units in Milton.
This represents a 4.3% decline from 257 in 1990.
Of those housing units, 239 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.
Homeownership rate in Milton is about 75.2%.
Milton's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Milton were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 8.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $58,000 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1960 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 58.60% |
| Debt Free | 30.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
