Byron, IL Real Estate
According to census data in the year 2000 there were 1,160 housing units in Byron.
This represents a 27.5% growth from 910 in 1990.
Of those housing units, 1,160 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Byron is about 59.7%.
Byron's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Byron were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 12.60% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $103,200 |
| Median Price asked for vacant units | $110,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $491 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 57.40% |
| Debt Free | 23.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.6% |
