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Mt. Vernon, IN Real Estate


According to census data in the year 2000 there were 3,318 housing units in Mt. Vernon. This represents a 2.5% growth from 3,236 in 1990.

Of those housing units, 3,318 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mt. Vernon is about 70.9%. Mt. Vernon's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.45 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom14.60%
Two Bedrooms28.90%
Three Bedrooms41.50%
Four Bedrooms12.10%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1964
Median Value of occupied units$81,700
Median Price asked for vacant units$59,200

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1969
Median Monthly Rent asked for vacant units$328

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.10%
Home Equity Loan8.90%
Simple Mortgage44.20%
Debt Free36.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%