Montezuma, IN Real Estate
According to census data in the year 2000 there were 535 housing units in Montezuma.
This represents a 4.9% growth from 510 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 535 were located in what is classified as a rural area.
Homeownership rate in Montezuma is about 73.3%.
Montezuma's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Montezuma were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 6.90% |
| Two Bedrooms | 46.90% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 4.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $46,200 |
| Median Price asked for vacant units | $28,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 43.90% |
| Debt Free | 48.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
