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Wolcott, IN Real Estate


According to census data in the year 2000 there were 434 housing units in Wolcott. This represents a 12.4% growth from 386 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 434 were located in what is classified as a rural area.

Homeownership rate in Wolcott is about 77.4%. Wolcott's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Wolcott were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.40%
Two Bedrooms30.60%
Three Bedrooms42.20%
Four Bedrooms15%
Five Bedrooms or more4.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1951
Median Value of occupied units$69,900
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1948
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage3.80%
Home Equity Loan3.10%
Simple Mortgage51.70%
Debt Free40.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%