Marion, IN Real Estate
According to census data in the year 2000 there were 13,793 housing units in Marion.
This represents a 1.5% decline from 14,000 in 1990.
Of those housing units, 13,719 were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.
Homeownership rate in Marion is about 61.6%.
Marion's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Marion were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.41|
|Median year structure was built||1953|
|Median Value of occupied units||$57,000|
|Median Price asked for vacant units||$41,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.11|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$339|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.7%|