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Rochester, IN Housing

 
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As of 2010-2014, median price of a house in Rochester is $88,300, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The Rochester median house value has grown by 26.50% since 2000. The growth rate for the price of a house in Rochester is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Rochester was built is 1961, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,775 Owner Occupied Houses in Rochester, IN, #307
Rochester, IN
88,300 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #205
Rochester, IN
26.50%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Rochester, INIndianaU.S.
Total Housing Units3,515, see rank, 100%2,811,617132,741,033
Occupied Housing Units2,922, 83.13%, see rank88.64%87.55%
Owner Occupied1,775, 50.50%, see rank61.56%56.34%
Renter Occupied1,147, 32.63%, see rank27.07%31.21%
Vacant Housing Units593, 16.87%, see rank11.36%12.45%
For Rent17, 0.48%, see rank2.40%2.34%
For Sale Only8, 0.23%, see rank1.47%1.20%
Rented or Sold, Not Occupied71, 2.02%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use357, 10.16%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant140, 3.98%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #301
Rochester, INIndianaU.S.
196119721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Rochester, IN%IndianaU.S.
Owner-Occupied Units1,775100%1,730,95474,787,460
With a Mortgage1,01857.35%, see rank68.12%65.58%
Without a Mortgage75742.65%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Rochester, IN
837 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRochester, IN%IndianaU.S.
$299 or Less00.00%, see rank0.35%0.20%
$300 to $49910210.02%, see rank3.15%1.59%
$500 to $69922321.91%, see rank9.90%5.01%
$700 to $99932732.12%, see rank26.58%14.32%
$1,000 to $1,49922522.10%, see rank35.46%27.90%
$1,500 to $1,9991019.92%, see rank14.79%20.35%
$2,000 to $2,999403.93%, see rank7.60%19.52%
$3,000 or More00.00%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rochester, IN
19.70% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rochester, IN%IndianaU.S.
10% or Less716.97%, see rank7.60%5.86%
10% to 20%45244.40%, see rank41.01%31.95%
20% to 30%14314.05%, see rank26.38%27.64%
30% to 40%14213.95%, see rank10.90%13.74%
40% or More21020.63%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Rochester, IN
345 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRochester, IN%IndianaU.S.
$199 or Less699.11%, see rank8.65%7.76%
$200 to $29925834.08%, see rank22.03%14.70%
$300 to $49930139.76%, see rank44.41%34.63%
$500 to $69912917.04%, see rank17.12%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rochester, IN
15.20% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rochester, IN%IndianaU.S.
10% or Less27135.80%, see rank45.90%40.19%
10% to 20%17022.46%, see rank31.56%31.47%
20% to 30%12616.64%, see rank10.56%12.24%
30% to 40%374.89%, see rank4.39%5.64%
40% or More14619.29%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Rochester, INIndianaU.S.
Total Housing Units3,515, 100%2,811,617132,741,033
1-unit, Detached2,544, 72.38%, see rank72.70%61.65%
1-unit, Attached58, 1.65%, see rank3.65%5.82%
2 Units123, 3.50%, see rank2.59%3.75%
3 or 4 Units129, 3.67%, see rank3.58%4.43%
5 to 9 Units187, 5.32%, see rank4.55%4.78%
10 or More Units220, 6.26%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.254, 7.23%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Rochester, INIndianaU.S.
Total Housing Units3,515, 100%2,811,617132,741,033
1 Room132, 3.76%, see rank1.26%1.95%
2 Rooms110, 3.13%, see rank1.46%2.48%
3 Rooms196, 5.58%, see rank6.64%9.13%
4 Rooms596, 16.96%, see rank14.31%16.60%
5 Rooms935, 26.60%, see rank21.67%20.41%
6 Rooms441, 12.55%, see rank20.12%18.06%
7 Rooms507, 14.42%, see rank13.67%12.27%
8 Rooms437, 12.43%, see rank9.17%8.48%
9 Rooms or More161, 4.58%, see rank11.69%10.60%
Median Rooms5.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Rochester, INIndianaU.S.
Total Housing Units3,515, 100%2,811,617132,741,033
No Bedroom132, 3.76%, see rank1.38%2.17%
1 Bedroom444, 12.63%, see rank9.26%11.16%
2 Bedrooms1,124, 31.98%, see rank26.57%26.69%
3 Bedrooms1,548, 44.04%, see rank44.05%39.70%
4 Bedrooms176, 5.01%, see rank15.33%16.05%
5 or More Bedrooms91, 2.59%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Rochester, INIndianaU.S.
Total Housing Units2,922, 100%2,492,183116,211,092
Utility Gas2,290, 78.37%, see rank61.00%48.85%
Bottled, Tank, or LP Gas30, 1.03%, see rank7.17%4.86%
Electricity553, 18.93%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood41, 1.40%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel8, 0.27%, see rank0.46%0.47%
No Fuel Used0, 0.00%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRochester, INIndianaU.S.
Occupied Units Paying Rent1,109, 100%716,46139,201,928
$199 or Less13, 1.17%, see rank1.90%1.50%
$200 to $299135, 12.17%, see rank3.46%3.18%
$300 to $49998, 8.84%, see rank10.51%7.37%
$500 to $699492, 44.36%, see rank27.49%16.01%
$700 to $999259, 23.35%, see rank37.65%29.17%
$1,000 to $1,49955, 4.96%, see rank15.48%26.88%
$1,500 to $1,99927, 2.43%, see rank2.39%9.79%
$2,000 or More30, 2.71%, see rank1.13%6.10%
Median$620, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Rochester, INIndianaU.S.
Occupied Housing Units2,922, 100%2,492,183116,211,092
No Vehicles Available354, 12.11%, see rank6.86%9.12%
1 Vehicles Available1,364, 46.68%, see rank32.87%33.80%
2 Vehicles Available839, 28.71%, see rank38.90%37.48%
3 or More Vehicles Available365, 12.49%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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