Tri-Lakes, IN Real Estate
According to census data in the year 2000 there were 1,656 housing units in Tri-Lakes.
This represents a 14.2% growth from 1,450 in 1990.
Of those housing units, 8 were located in either urbanized areas or urban clusters, and 1,648 were located in what is classified as a rural area.
Homeownership rate in Tri-Lakes is about 92.2%.
Tri-Lakes's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Tri-Lakes were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 4.50% |
| Two Bedrooms | 24.60% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $126,200 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 52.20% |
| Debt Free | 26.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
