Princes Lakes, IN Real Estate
According to census data in the year 2000 there were 700 housing units in Princes Lakes.
This represents a 12.9% growth from 620 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 700 were located in what is classified as a rural area.
Homeownership rate in Princes Lakes is about 90.9%.
Princes Lakes's vacancy rate, including seasonal lodging, is about 15.6%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Princes Lakes were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 8.90% |
| Two Bedrooms | 41.30% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $103,300 |
| Median Price asked for vacant units | $78,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.94 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 67.30% |
| Debt Free | 16.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
