Cuba, IL Real Estate
According to census data in the year 2000 there were 586 housing units in Cuba.
This represents a 4.6% decline from 614 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 586 were located in what is classified as a rural area.
Homeownership rate in Cuba is about 80.4%.
Cuba's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Cuba were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.50% |
| Two Bedrooms | 37.40% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $46,200 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 37% |
| Debt Free | 55.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
