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Central City, IL Real Estate


According to census data in the year 2000 there were 623 housing units in Central City. This represents a 2.7% decline from 640 in 1990.

Of those housing units, 623 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Central City is about 77.5%. Central City's vacancy rate, including seasonal lodging, is about 11.6%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Central City were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom3.50%
Two Bedrooms52%
Three Bedrooms35.20%
Four Bedrooms7.40%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1959
Median Value of occupied units$42,000
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1973
Median Monthly Rent asked for vacant units$217

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan2.90%
Simple Mortgage43%
Debt Free48%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%