Bellwood, IL Real Estate
According to census data in the year 2000 there were 6,683 housing units in Bellwood.
This represents a 1.8% growth from 6,566 in 1990.
Of those housing units, 6,683 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bellwood is about 76.3%.
Bellwood's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 3.18 people.
The majority of houses, apartments or condos in Bellwood were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 7.70% |
| Two Bedrooms | 34.10% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.31 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $116,300 |
| Median Price asked for vacant units | $109,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $640 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 11.70% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 65% |
| Debt Free | 16.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.6% |
