Newpoint, IN Real Estate
According to census data in the year 2000 there were 118 housing units in Newpoint.
This represents a 4.4% growth from 113 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Newpoint is about 76.4%.
Newpoint's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Newpoint were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11% |
| Two Bedrooms | 25.40% |
| Three Bedrooms | 53.40% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $73,100 |
| Median Price asked for vacant units | $38,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1956 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.90% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 36.70% |
| Debt Free | 45.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
