Bay View Gardens, IL Real Estate
According to census data in the year 2000 there were 144 housing units in Bay View Gardens.
This represents a 5.3% decline from 152 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 144 were located in what is classified as a rural area.
Homeownership rate in Bay View Gardens is about 74.1%.
Bay View Gardens's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Bay View Gardens were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 38.90% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $70,400 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 41.80% |
| Debt Free | 38.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
