Princeton, IL Real Estate
According to census data in the year 2000 there were 3,525 housing units in Princeton.
This represents a 9.9% growth from 3,208 in 1990.
Of those housing units, 3,387 were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.
Homeownership rate in Princeton is about 68.7%.
Princeton's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Princeton were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 13.40% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $91,800 |
| Median Price asked for vacant units | $89,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $390 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 44.30% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
