Wallace, IN Real Estate
According to census data in the year 2000 there were 39 housing units in Wallace.
This represents a 2.6% growth from 38 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.
Homeownership rate in Wallace is about 76.5%.
Wallace's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 3.21 people.
The majority of houses, apartments or condos in Wallace were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.10% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 33.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $46,700 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 6.5 |
| Median year structure was built | 1945 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 68.20% |
| Debt Free | 31.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
