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Laurel, IN Real Estate


According to census data in the year 2000 there were 226 housing units in Laurel. This represents a 3.7% growth from 218 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 226 were located in what is classified as a rural area.

Homeownership rate in Laurel is about 62.7%. Laurel's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.75 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom9.70%
Two Bedrooms47.30%
Three Bedrooms30.10%
Four Bedrooms8.80%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1950
Median Value of occupied units$49,800
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1950
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan5.90%
Simple Mortgage54.50%
Debt Free37.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%