Bingham, IL Real Estate
According to census data in the year 2000 there were 48 housing units in Bingham.
This represents a 4.3% growth from 46 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.
Homeownership rate in Bingham is about 65.9%.
Bingham's vacancy rate, including seasonal lodging, is about 14.6%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Bingham were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.20% |
| Two Bedrooms | 56.30% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $23,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 13% |
| Simple Mortgage | 34.80% |
| Debt Free | 52.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.3% |
