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Portage, IN Real Estate


According to census data in the year 2000 there were 13,332 housing units in Portage. This represents a 22.7% growth from 10,864 in 1990.

Of those housing units, 13,088 were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.

Homeownership rate in Portage is about 72.2%. Portage's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Portage were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom7.70%
Two Bedrooms31.90%
Three Bedrooms48%
Four Bedrooms8.90%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1974
Median Value of occupied units$109,000
Median Price asked for vacant units$95,700

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1977
Median Monthly Rent asked for vacant units$478

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage10.10%
Home Equity Loan7.70%
Simple Mortgage60.90%
Debt Free20.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%