Monticello, IN Real Estate
According to census data in the year 2000 there were 2,396 housing units in Monticello.
This represents a 4% growth from 2,303 in 1990.
Of those housing units, 2,390 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Monticello is about 62.4%.
Monticello's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Monticello were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 13.90% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $79,000 |
| Median Price asked for vacant units | $158,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 47.20% |
| Debt Free | 43.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
