Monon, IN Real Estate
According to census data in the year 2000 there were 677 housing units in Monon.
This represents a 1.3% growth from 668 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 677 were located in what is classified as a rural area.
Homeownership rate in Monon is about 66.5%.
Monon's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Monon were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 34.10% |
| Three Bedrooms | 42.80% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $57,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $255 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 48.70% |
| Debt Free | 44.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
