Wood River, IL Real Estate
According to census data in the year 2000 there were 5,013 housing units in Wood River.
This represents a 1% growth from 4,961 in 1990.
Of those housing units, 4,966 were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.
Homeownership rate in Wood River is about 65.2%.
Wood River's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Wood River were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 15% |
| Two Bedrooms | 43.20% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 3% |
| Simple Mortgage | 47.70% |
| Debt Free | 46.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
