Gas City, IN Real Estate

According to census data in the year 2000 there were 2,507 housing units in Gas City. This represents a 1.1% decline from 2,535 in 1990.

Of those housing units, 2,484 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.

Homeownership rate in Gas City is about 73.9%. Gas City's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Gas City were built after 1960.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom10.90%
Two Bedrooms25.90%
Three Bedrooms52.70%
Four Bedrooms9.30%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1961
Median Value of occupied units$65,800
Median Price asked for vacant units$64,400

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1959
Median Monthly Rent asked for vacant units$434

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.60%
Home Equity Loan5.20%
Simple Mortgage53.60%
Debt Free28.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%