Albany, IN Real Estate
According to census data in the year 2000 there were 1,059 housing units in Albany.
This represents a 6.3% growth from 996 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,059 were located in what is classified as a rural area.
Homeownership rate in Albany is about 71.6%.
Albany's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Albany were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.6|
|Median year structure was built||1954|
|Median Value of occupied units||$65,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$195|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|