Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Elkhart Indiana Real Estate By Jennifer Hershey

Elkhart Indiana Real Estate

Elkhart, Indiana, is located in Elkhart County, of , and 88 miles E of Chicago, Illinois. Elkhart has a population of 51,874.

Elkhart Homes

Elkhart properties pool is 20,167 residential properties including Elkhart new homes. Median age of real estate in Elkhart is 1960. Average Household size is 3.16 people. 4% are one bedroom homes, 29% are 2 bedroom homes, 49% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Elkhart Mortgage Statistics

Elkhart mortgages vs. USA median statistics

Homes Elkhart USA
Homes With No Mortgage 29%
30%
Homes With Mortgage 71%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 18%
16%

Elkhart Area Real Estate Tax

Elkhart Real estate Tax: Median Real Estate Taxes (2000) were $632 comparing to 1999 Median Family income $ 40,514. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Elkhart School District: Children make up 28.4% of Elkhart population. Elkhart has 14,735 under 18 years old residents, or 0.61 kids per one worker, or 0.73 kids per one household.

Elkhart Real Estate & Elkhart Homeownership

There are 6251.77 or 31% one person households, 6050.1 or 30% two person households, and 3025.05 or 15% three person households in Elkhart, Indiana. Median residents age is 30.8, Senior citizens (65+) make up 5,573 or 10.7%% of Elkhart population.

There are 24,324 workers (over 16 years of age) in Elkhart. Of these, 93.44% drive to work. Approximately 1.3% of workers in Elkhart take public transportation. An estimated 2.06% walk to work.

Median Elkhart homeowner's housing expences are 16.3%

Crime in Elkhart (2003), crimes per 10,000 residents per year

Type of Crime Elkhart USA, 2003
Violent Crimes
36.05
47.5
Robberies
26.22
14.2
Aggravated Assaults
3.86
29.5
Property Crimes
810.23
358.8
Burglaries
168.1
74.0
Larceny-Thefts
582.57
241.5
Motor Vehicle Thefts
59.57
43.3

Invest in Elkhart Properties

When making a decision about buying real estate in Elkhart Indiana area, you should consider following statistical data:

Category Elkhart USA
Near Medium City
-
Near Large City
Chicago, Illinois
-
Elkhart Zip Codes
46514, 46516, 46517
-
Elkhart Area Codes
574
-
White population
71.48%
75.1%
African-American population
14.75%
12.3%
Asian
1.17%
3.6%
American Indian & Alaskan
0.43%
0.9%
Hispanic (of any race)
14.8%
12.5%
Median Family Income (1999)
$ 40,514%
$42,000
Population Below Poverty Level
13.3%
12.4%

Elkhart Indiana Real Estate page will be updated soon. Bookmark this page and come back later to review:

Elkhart Real Estate For Sale

Elkhart Rental Real Estate

Elkhart Real Estate Agency

Elkhart Real Estate Investors

 




See Also:

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...

Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...


More on real estate...

Search More Info On:

  • Real Estate
  • Illinois
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  • 30 Year Mortgage
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009