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Princeton, IN Real Estate


According to census data in the year 2000 there were 3,745 housing units in Princeton. This represents a 0.3% growth from 3,734 in 1990.

Of those housing units, 3,722 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.

Homeownership rate in Princeton is about 62.3%. Princeton's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Princeton were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom13%
Two Bedrooms46.90%
Three Bedrooms30.80%
Four Bedrooms7.40%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1947
Median Value of occupied units$56,400
Median Price asked for vacant units$19,500

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1964
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.80%
Home Equity Loan13%
Simple Mortgage33.50%
Debt Free43.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%