Union City, IN Real Estate
According to census data in the year 2000 there were 1,748 housing units in Union City.
This represents a 5.4% growth from 1,659 in 1990.
Of those housing units, 1,731 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Union City is about 65.7%.
Union City's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Union City were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 10.90% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 35.40% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $55,600 |
| Median Price asked for vacant units | $63,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $359 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 47.30% |
| Debt Free | 46.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
