Colona, IL Real Estate
According to census data in the year 2000 there were 1,961 housing units in Colona.
This represents a 139.7% growth from 818 in 1990.
Of those housing units, 1,945 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Colona is about 83%.
Colona's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Colona were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 47.90% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $76,300 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.20% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 49.60% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
