Assumption, IL Real Estate
According to census data in the year 2000 there were 612 housing units in Assumption.
This represents a 5.7% growth from 579 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 612 were located in what is classified as a rural area.
Homeownership rate in Assumption is about 75.8%.
Assumption's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Assumption were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.90% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 41% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $46,600 |
| Median Price asked for vacant units | $39,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 4% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 47.70% |
| Debt Free | 46.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
