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Griffith, IN Real Estate


According to census data in the year 2000 there were 6,985 housing units in Griffith. This represents a 1% growth from 6,914 in 1990.

Of those housing units, 6,985 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Griffith is about 66.9%. Griffith's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Griffith were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom11.20%
Two Bedrooms26.30%
Three Bedrooms47.60%
Four Bedrooms12.60%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1962
Median Value of occupied units$108,600
Median Price asked for vacant units$114,100

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1971
Median Monthly Rent asked for vacant units$579

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.30%
Home Equity Loan9.40%
Simple Mortgage55%
Debt Free25.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%