U.S. Department of Commerce
and U.S. Dept. of Housing & Urban Development Joint Release IMMEDIATE RELEASE THURSDAY, DECEMBER 11, 1997 Public Information Office CB97-H.19 301-457-3030/301-457-3670 (fax) 301-457-4067 (TTD) e-mail: pio@census.gov Ed Montfort 301-763-8551 Thirty-two Percent of Indianapolis Metro Area's Households Give High Marks to Their Neighborhood, Census Bureau Report Says About 32 percent of households in the Indianapolis, IN Metropolitan Area rated their neighborhood a perfect 10 and a comparable proportion said their home was "the best place to live," according to a report released today by the Commerce Department's Census Bureau and the Department of Housing and Urban Development (HUD). In the report, American Housing Survey for the Indianapolis Metropolitan Area in 1996, H170/96-50, respondents were asked to rate their neighborhood and their house or apartment as a place to live based on a scale of 1 to 10, where 10 is the best and 1 is the worst. Of the households in these neighborhoods, 7 percent reported problems with crime, a comparable proportion reported problems with traffic, and 5 percent experienced problems with litter or housing deterioration. Other findings about the Indianapolis,IN Metropolitan Area: - The area had 640,800 housing units in 1996, of which 592,000 were occupied (67 percent by owners and 33 percent by renters). - Single-family homes, at 80 percent of all occupied units, represented the predominant housing type in the area. - The median age of homes in Indianapolis city was 32 years, compared with 23 years for the remaining area. - Homes in the area had a median of 2.7 bedrooms. - Occupied homes in the area had a median of 2.2 persons per unit and a median of 5.6 rooms per unit. - The median monthly housing costs for owners was $603 and for renters was $507. Monthly housing costs include mortgage payments or contract rent, utilities, fuels, insurance, real estate taxes (for owners), and other housing-related expenditures. - Monthly housing costs that were $1,000 or more accounted for 21 percent of the owners and 2 percent of the renters. - The median household income for area homeowners was $47,400, compared with $25,500 for renters. - Owners had monthly housing costs that represented a median of 17 percent of their current income, compared with 26 percent for renters. - Median value of homeowners' residences in 1996 was $91,200, up 9 percent from a 1996 constant dollar figure of $83,500 for 1992. - Of the 37,700 owner-occupied homes built or purchased during the last four years, 70 percent cost $100,000 or more; 42 percent of the owners of new homes used savings or cash-on-hand for their down payment. Data in the report are shown separately for units with African American householders. Since data in the report are from a survey, they are subject to sampling variability.-X-The Census Bureau pre-eminent collector and provider of timely, relevant, and quality data about the people and economy of the United States. In over 100 surveys annually and 20 censuses a decade, evolving from the first census in 1790, the Census Bureau provides official information about America's people, businesses, industries and institutions.
