Bourbonnais, IL Real Estate
According to census data in the year 2000 there were 5,525 housing units in Bourbonnais.
This represents a 18.8% growth from 4,649 in 1990.
Of those housing units, 5,525 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bourbonnais is about 63.5%.
Bourbonnais's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Bourbonnais were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5% |
| Two Bedrooms | 32.10% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $120,300 |
| Median Price asked for vacant units | $164,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $449 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 16.40% |
| Simple Mortgage | 51.70% |
| Debt Free | 24.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
