Wabash, IN Real Estate
According to census data in the year 2000 there were 5,146 housing units in Wabash.
This represents a 4.1% growth from 4,944 in 1990.
Of those housing units, 5,066 were located in either urbanized areas or urban clusters, and 80 were located in what is classified as a rural area.
Homeownership rate in Wabash is about 67.9%.
Wabash's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Wabash were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 12.40% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $70,000 |
| Median Price asked for vacant units | $32,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $395 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 50.10% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
