Hennepin, IL Real Estate
According to census data in the year 2000 there were 328 housing units in Hennepin.
This represents a 12.3% growth from 292 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 328 were located in what is classified as a rural area.
Homeownership rate in Hennepin is about 79.5%.
Hennepin's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Hennepin were built after 1968.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 0.60% |
| One Bedroom | 9.50% |
| Two Bedrooms | 19.50% |
| Three Bedrooms | 56.10% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
Average Household Size | 2.47 |
Median year structure was built | 1967 |
Median Value of occupied units | $93,700 |
Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
Average Household Size | 1.58 |
Median year structure was built | 1971 |
Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 49.50% |
| Debt Free | 43.30% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |