Morgantown, IN Real Estate
According to census data in the year 2000 there were 403 housing units in Morgantown.
This represents a 6.1% growth from 380 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 403 were located in what is classified as a rural area.
Homeownership rate in Morgantown is about 63.9%.
Morgantown's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Morgantown were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13.20% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 42.40% |
| Four Bedrooms | 5% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $79,200 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12% |
| Home Equity Loan | 0% |
| Simple Mortgage | 60.90% |
| Debt Free | 27.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
