Portage, IN Real Estate
According to census data in the year 2000 there were 13,332 housing units in Portage.
This represents a 22.7% growth from 10,864 in 1990.
Of those housing units, 13,088 were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.
Homeownership rate in Portage is about 72.2%.
Portage's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Portage were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 7.70% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 48% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $109,000 |
| Median Price asked for vacant units | $95,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $478 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 60.90% |
| Debt Free | 20.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
