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Monroe, IN Real Estate


According to census data in the year 2000 there were 289 housing units in Monroe. This represents a 7.8% growth from 268 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 289 were located in what is classified as a rural area.

Homeownership rate in Monroe is about 84.4%. Monroe's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Monroe were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.50%
Two Bedrooms20.80%
Three Bedrooms59.20%
Four Bedrooms11.80%
Five Bedrooms or more3.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1955
Median Value of occupied units$83,000
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1963
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan1.40%
Simple Mortgage55.20%
Debt Free38%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%