Butler, IN Real Estate

According to census data in the year 2000 there were 1,074 housing units in Butler. This represents a 5.4% growth from 1,019 in 1990.

Of those housing units, 1,053 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.

Homeownership rate in Butler is about 72.5%. Butler's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Butler were built after 1956.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.30%
Two Bedrooms34.50%
Three Bedrooms47.20%
Four Bedrooms8.90%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1953
Median Value of occupied units$63,900
Median Price asked for vacant units$34,200

Rented Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1963
Median Monthly Rent asked for vacant units$331

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.40%
Home Equity Loan3.80%
Simple Mortgage61.10%
Debt Free28.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%