Blue Island, IL Real Estate
According to census data in the year 2000 there were 8,692 housing units in Blue Island.
This represents a 1.1% growth from 8,600 in 1990.
Of those housing units, 8,692 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Blue Island is about 54.4%.
Blue Island's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Blue Island were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 19.10% |
| Two Bedrooms | 38.90% |
| Three Bedrooms | 26.20% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.23 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $99,400 |
| Median Price asked for vacant units | $91,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $498 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 52.60% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
