Newburgh, IN Real Estate
According to census data in the year 2000 there were 1,474 housing units in Newburgh.
This represents a 14.4% growth from 1,288 in 1990.
Of those housing units, 1,474 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newburgh is about 73.3%.
Newburgh's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Newburgh were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||3.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.45|
|Median year structure was built||1962|
|Median Value of occupied units||$99,600|
|Median Price asked for vacant units||$172,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.83|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$350|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||13.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16%|