Cornell, IL Real Estate
According to census data in the year 2000 there were 229 housing units in Cornell.
This represents a 2.7% growth from 223 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 229 were located in what is classified as a rural area.
Homeownership rate in Cornell is about 77%.
Cornell's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Cornell were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.60% |
| Two Bedrooms | 25.30% |
| Three Bedrooms | 50.20% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $59,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 43.90% |
| Debt Free | 43.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.1% |
