Shipman, IL Real Estate
According to census data in the year 2000 there were 274 housing units in Shipman.
This represents a 10.9% growth from 247 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 274 were located in what is classified as a rural area.
Homeownership rate in Shipman is about 80.7%.
Shipman's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Shipman were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 9.90% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $55,000 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 34.60% |
| Debt Free | 53.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
