Oak Park, IN Real Estate
According to census data in the year 2000 there were 2,194 housing units in Oak Park.
This represents a 5.6% growth from 2,078 in 1990.
Of those housing units, 2,194 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oak Park is about 81.7%.
Oak Park's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Oak Park were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 3.90% |
| Two Bedrooms | 22.30% |
| Three Bedrooms | 56.30% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $96,100 |
| Median Price asked for vacant units | $108,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $564 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 48.40% |
| Debt Free | 29.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
