Milltown, IN Real Estate

According to census data in the year 2000 there were 424 housing units in Milltown. This represents a 6.3% growth from 399 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 424 were located in what is classified as a rural area.

Homeownership rate in Milltown is about 71%. Milltown's vacancy rate, including seasonal lodging, is about 10.6%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Milltown were built after 1963.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.30%
Two Bedrooms36.80%
Three Bedrooms39.20%
Four Bedrooms11.60%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1959
Median Value of occupied units$62,200
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1973
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2%
Second Mortgage5.40%
Home Equity Loan5.90%
Simple Mortgage53.50%
Debt Free33.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%