North Vernon, IN Real Estate
According to census data in the year 2000 there were 2,909 housing units in North Vernon.
This represents a 28.6% growth from 2,262 in 1990.
Of those housing units, 2,812 were located in either urbanized areas or urban clusters, and 97 were located in what is classified as a rural area.
Homeownership rate in North Vernon is about 62.5%.
North Vernon's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in North Vernon were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 11.30% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $72,600 |
| Median Price asked for vacant units | $77,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 51.60% |
| Debt Free | 26.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
