Oakland City, IN Real Estate
According to census data in the year 2000 there were 1,174 housing units in Oakland City.
This represents a 4.9% decline from 1,235 in 1990.
Of those housing units, 1,174 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oakland City is about 65.8%.
Oakland City's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Oakland City were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 14% |
| Two Bedrooms | 48.60% |
| Three Bedrooms | 27.70% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $57,100 |
| Median Price asked for vacant units | $52,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 55.90% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
