Lowell, IN Real Estate
According to census data in the year 2000 there were 2,769 housing units in Lowell.
This represents a 26.8% growth from 2,184 in 1990.
Of those housing units, 2,756 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Lowell is about 77.6%.
Lowell's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Lowell were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.86|
|Median year structure was built||1972|
|Median Value of occupied units||$112,800|
|Median Price asked for vacant units||$131,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$525|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|