West Lebanon, IN Real Estate
According to census data in the year 2000 there were 329 housing units in West Lebanon.
This represents a 13.1% growth from 291 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 329 were located in what is classified as a rural area.
Homeownership rate in West Lebanon is about 79.7%.
West Lebanon's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in West Lebanon were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.40% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 52.60% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $55,400 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $233 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 55.90% |
| Debt Free | 32.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
