South Whitley, IN Real Estate
According to census data in the year 2000 there were 790 housing units in South Whitley.
This represents a 27% growth from 622 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 790 were located in what is classified as a rural area.
Homeownership rate in South Whitley is about 73.7%.
South Whitley's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in South Whitley were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 11.10% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $71,900 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $230 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 48.20% |
| Debt Free | 38.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
