London Mills, IL Real Estate
According to census data in the year 2000 there were 178 housing units in London Mills.
This represents a 10.6% decline from 199 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 178 were located in what is classified as a rural area.
Homeownership rate in London Mills is about 90.4%.
London Mills's vacancy rate, including seasonal lodging, is about 12.4%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in London Mills were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 20.80% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,500 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.4 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 40.70% |
| Debt Free | 51.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
