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FALL 2002 | Volume 77, Number 3

Quick Facts about Hoosier Homes and Households

A Sidebar to "Housing Hoosiers"

Medians

• $41,567 is the median household income
• $50,261 is the median family income
• $94,300 is the median value of an owner-occupied home

Vehicles

• 32.3 percent have one vehicle
• 40.3 percent have two vehicles
• 20.1 percent have three or more

Space

• 2.3 percent of housing units have more than one person per room
• 72.0 percent have less than one person per room—possible since the average household size is 2.5 persons and the average number of rooms per housing unit is 5.8.
• The rental vacancy rate is 8.8 statewide.

Home Value

• 3,566 homes in Indiana are valued at $1 million or more
• 65,440 housing units have five or more bedrooms

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The Indiana Business Review is a publication of the Indiana Business Research Center at Indiana University's Kelley School of Business. Permission to use the material is encouraged, but please e-mail us at ibrc@iupui.edu to indicate you will be using the material and in what other publications.