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Akron, IN Real Estate


According to census data in the year 2000 there were 418 housing units in Akron. This represents a 8.3% decline from 456 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 418 were located in what is classified as a rural area.

Homeownership rate in Akron is about 72.1%. Akron's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Akron were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom11.50%
Two Bedrooms29.20%
Three Bedrooms37.30%
Four Bedrooms15.60%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1939
Median Value of occupied units$70,600
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1957
Median Monthly Rent asked for vacant units$392

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12%
Home Equity Loan10%
Simple Mortgage39.40%
Debt Free38.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%