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Monrovia, IN Real Estate


According to census data in the year 2000 there were 247 housing units in Monrovia.

Of those housing units, none were located in either urbanized areas or urban clusters, and 247 were located in what is classified as a rural area.

Homeownership rate in Monrovia is about 75.7%. Monrovia'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 Monrovia were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom3.20%
Two Bedrooms32.40%
Three Bedrooms49.80%
Four Bedrooms11.30%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1956
Median Value of occupied units$88,800

Rented Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan10.10%
Simple Mortgage54.70%
Debt Free30.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%