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Indianapolis Housing, Costs

Monthly Indianapolis housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

172,650

100.0%

 

 

 

With a mortgage

132,310

76.6%

Less than $200 monthly

159

0.1%

$200 - $299 monthly

1,036

0.8%

$300 - $399 monthly

3,073

2.3%

$400 - $499 monthly

5,983

4.5%

$500 - $599 monthly

9,796

7.4%

$600 - $699 monthly

13,059

9.9%

$700 - $799 monthly

13,870

10.5%

$800 - $899 monthly

15,200

11.5%

$900 - $999 monthly

14,379

10.9%

$1,000 - $1,499 monthly

39,367

29.8%

$1,500 - $1,999 monthly

10,660

8.1%

$2,000 - $2,499 monthly

2,974

2.2%

$2,500 - $2,999 monthly

1,124

0.8%

$3,000 or more monthly

1,630

1.2%

Median in dollars

928

 

 

 

 

Without a mortgage

40,340

23.4%

Less than $100 monthly

582

1.4%

$100 - $149 monthly

1,585

3.9%

$150 - $199 monthly

5,991

14.9%

$200 - $249 monthly

9,541

23.7%

$250 - $299 monthly

8,523

21.1%

$300 - $399 monthly

8,377

20.8%

$400 - $499 monthly

3,064

7.6%

$500 - $699 monthly

1,704

4.2%

$700 or more monthly

973

2.4%

Median in dollars

264

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

132,310

76.6%

Less than 20%

65,117

49.2%

20 - 24%

22,809

17.2%

25 - 29%

14,247

10.8%

30 - 34%

8,565

6.5%

35% or more

21,004

15.9%

Not computed

568

0.4%

Median

20.2%

 

 

 

 

Without a mortgage

40,340

23.4%

Less than 20%

32,921

81.6%

20 - 24%

2,186

5.4%

25 - 29%

1,347

3.3%

30 - 34%

845

2.1%

35% or more

2,307

5.7%

Not computed

734

1.8%

Median

10.0%

 





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