Paoli, IN Real Estate
According to census data in the year 2000 there were 1,687 housing units in Paoli.
This represents a 5.7% growth from 1,596 in 1990.
Of those housing units, 1,569 were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Paoli is about 68.2%.
Paoli's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Paoli were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 15% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 35.70% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $56,300 |
| Median Price asked for vacant units | $62,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $252 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 43.60% |
| Debt Free | 47% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
