Coal City, IL Real Estate
According to census data in the year 2000 there were 1,967 housing units in Coal City.
This represents a 23.9% growth from 1,588 in 1990.
Of those housing units, 1,967 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Coal City is about 73.9%.
Coal City's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Coal City were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.30% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 50.60% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $114,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 46.60% |
| Debt Free | 42.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
