Vincennes, IN Real Estate
According to census data in the year 2000 there were 8,510 housing units in Vincennes.
This represents a 1.9% growth from 8,350 in 1990.
Of those housing units, 8,494 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Vincennes is about 57.9%.
Vincennes's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Vincennes were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 17.20% |
| Two Bedrooms | 40.60% |
| Three Bedrooms | 31.50% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $62,000 |
| Median Price asked for vacant units | $48,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $312 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 48.50% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
