Bourbon, IN Real Estate
According to census data in the year 2000 there were 702 housing units in Bourbon.
This represents a 3.1% growth from 681 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 702 were located in what is classified as a rural area.
Homeownership rate in Bourbon is about 72.9%.
Bourbon's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Bourbon were built after 1949.
|Housing Units by Size|
|Five Bedrooms or more||2.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1945|
|Median Value of occupied units||$73,300|
|Median Price asked for vacant units||$58,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.21|
|Median year structure was built||1957|
|Median Monthly Rent asked for vacant units||$365|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||8.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|