Bowen, IL Real Estate
According to census data in the year 2000 there were 231 housing units in Bowen.
This represents a 2.5% decline from 237 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 231 were located in what is classified as a rural area.
Homeownership rate in Bowen is about 75.1%.
Bowen's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Bowen were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.50% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 40.70% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $41,700 |
| Median Price asked for vacant units | $10,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $285 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 43.20% |
| Debt Free | 50.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
