Troy, IN Real Estate
According to census data in the year 2000 there were 203 housing units in Troy.
This represents a 2% growth from 199 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Troy is about 74.4%.
Troy's vacancy rate, including seasonal lodging, is about 13.3%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Troy were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.40% |
| Two Bedrooms | 46.80% |
| Three Bedrooms | 32.50% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $65,700 |
| Median Price asked for vacant units | $104,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 51.20% |
| Debt Free | 37.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
