Community Profile: Housing

In 1990 Attica had 1,503 housing units, 76% of which were single-family homes. Occupancy and tenure characteristics did not differ significantly between Attica, the County, and the State, although Fountain County does have about 10 percent more owner-occupied housing units and a corresponding 10 percent fewer renter-occupied houses than either the City or State. This is typical of rural areas.
Figure 1.22: Housing occupancy and tenure characteristics, 1990.
The homes in Attica and the County are significantly older than the State average. The median year a home was built in Attica was 1949, while it was 1961 in Indiana. The age distribution also reflects the number of older homes in Attica as compared to Indiana.
Figure 1.23: Housing age in 1990. Attica homes are older on average than homes in Indiana as a whole.
As can be expected with the number of older homes coupled with the lower cost of living, housing values in Attica are much lower than those of the State. In 1990, the median value was $35,900 in Attica and $53,900 in Indiana. Most homes in Attica cost less than $50,000 in 1990. This lower housing cost is translated into a low monthly cost as a percentage of income, especially for owners. Attica, Fountain County, and Indiana did not differ significantly in this regard, with between 70% and 80% of all owners paying less than 20% of their income for housing. Differences were seen with renters, however. Attica renters pay less of their income for housing than the State as a whole. In 1990, just over half of all renters paid less than 20% of their income in rent, compared with 37% at the State level. Overall, housing in 1990 was more affordable in Attica than in Indiana.
Building permit levels over the past five years have been relatively constant, ranging from a low of 46 in 1996 to a high of 73 in 1998. Many of these permits were for the renovation or expansion of existing homes.

 

 


Figure 1.24: Housing values in 1990. Attica homes are more affordable than on average throughout the State.

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