Cerro Gordo, IL Real Estate
According to census data in the year 2000 there were 581 housing units in Cerro Gordo.
This represents a 0.7% growth from 577 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 581 were located in what is classified as a rural area.
Homeownership rate in Cerro Gordo is about 80.2%.
Cerro Gordo's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Cerro Gordo were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.20% |
| Two Bedrooms | 26% |
| Three Bedrooms | 52.70% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $69,100 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $356 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 50.30% |
| Debt Free | 40.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
