North Manchester, IN Real Estate
According to census data in the year 2000 there were 2,327 housing units in North Manchester.
This represents a 7.3% growth from 2,169 in 1990.
Of those housing units, 2,327 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Manchester is about 66.6%.
North Manchester's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in North Manchester were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 13.30% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $84,000 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 53.70% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
