Cambridge, IL Real Estate
According to census data in the year 2000 there were 901 housing units in Cambridge.
This represents a 2.9% growth from 876 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 901 were located in what is classified as a rural area.
Homeownership rate in Cambridge is about 79.5%.
Cambridge's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Cambridge were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 6.90% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 48.20% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $74,000 |
| Median Price asked for vacant units | $57,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 7.60% |
| Simple Mortgage | 43.60% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
