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Merom, IN Real Estate


According to census data in the year 2000 there were 135 housing units in Merom. This represents a 4.3% decline from 141 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.

Homeownership rate in Merom is about 82.6%. Merom's vacancy rate, including seasonal lodging, is about 19.3%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Merom were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.50%
Two Bedrooms33.30%
Three Bedrooms48.90%
Four Bedrooms14.80%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1939
Median Value of occupied units$42,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.60%
Simple Mortgage59.20%
Debt Free38.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%