Woodburn, IN Real Estate
According to census data in the year 2000 there were 615 housing units in Woodburn.
This represents a 28.7% growth from 478 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 615 were located in what is classified as a rural area.
Homeownership rate in Woodburn is about 75.7%.
Woodburn's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Woodburn were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 22.30% |
| Three Bedrooms | 62.40% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $70,900 |
| Median Price asked for vacant units | $71,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.10% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 55.40% |
| Debt Free | 27.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
