New Richmond, IN Real Estate
According to census data in the year 2000 there were 151 housing units in New Richmond.
This represents a 24.8% growth from 121 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 151 were located in what is classified as a rural area.
Homeownership rate in New Richmond is about 85.2%.
New Richmond's vacancy rate, including seasonal lodging, is about 15.2%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in New Richmond were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2% |
| Two Bedrooms | 37.10% |
| Three Bedrooms | 47% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $69,800 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1946 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 44.80% |
| Debt Free | 35.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
