New Paris, IN Real Estate
According to census data in the year 2000 there were 418 housing units in New Paris.
This represents a 10.6% growth from 378 in 1990.
Of those housing units, 418 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Paris is about 73%.
New Paris's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in New Paris were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.30% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 54.80% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $83,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.20% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 52% |
| Debt Free | 38.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
