Shoals, IN Real Estate
According to census data in the year 2000 there were 428 housing units in Shoals.
This represents a 0.7% growth from 425 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.
Homeownership rate in Shoals is about 69.2%.
Shoals's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 1.94 people.
The majority of houses, apartments or condos in Shoals were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 15.20% |
| Two Bedrooms | 43% |
| Three Bedrooms | 35.30% |
| Four Bedrooms | 4.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $59,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.41 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 0% |
| Simple Mortgage | 30.50% |
| Debt Free | 64.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
