Montgomery, IN Real Estate
According to census data in the year 2000 there were 168 housing units in Montgomery.
This represents a 14.3% growth from 147 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 168 were located in what is classified as a rural area.
Homeownership rate in Montgomery is about 72.3%.
Montgomery's vacancy rate, including seasonal lodging, is about 11.9%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Montgomery were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 3.60% |
| Two Bedrooms | 45.20% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $54,500 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.05 |
| Median year structure was built | 1971 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 60% |
| Debt Free | 36.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
