Newport, IN Real Estate
According to census data in the year 2000 there were 253 housing units in Newport.
This represents a 3.8% decline from 263 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.
Homeownership rate in Newport is about 82.7%.
Newport's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Newport were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.90% |
| Two Bedrooms | 55.70% |
| Three Bedrooms | 30.40% |
| Four Bedrooms | 2.40% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $44,300 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 0.80% |
| Simple Mortgage | 46.90% |
| Debt Free | 49.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.5% |
