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Washington, IN Real Estate


According to census data in the year 2000 there were 5,082 housing units in Washington. This represents a 6.2% growth from 4,787 in 1990.

Of those housing units, 5,040 were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.

Homeownership rate in Washington is about 67.5%. Washington's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Washington were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom13.60%
Two Bedrooms38.70%
Three Bedrooms36.30%
Four Bedrooms9.30%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1953
Median Value of occupied units$63,600
Median Price asked for vacant units$47,900

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1961
Median Monthly Rent asked for vacant units$283

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.50%
Home Equity Loan4.90%
Simple Mortgage52%
Debt Free36.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%