Danville, IL Real Estate
According to census data in the year 2000 there were 14,868 housing units in Danville.
This represents a 3% decline from 15,326 in 1990.
Of those housing units, 14,720 were located in either urbanized areas or urban clusters, and 148 were located in what is classified as a rural area.
Homeownership rate in Danville is about 62%.
Danville's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Danville were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 14.70% |
| Two Bedrooms | 35.50% |
| Three Bedrooms | 36% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $52,500 |
| Median Price asked for vacant units | $35,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 2.60% |
| Simple Mortgage | 50% |
| Debt Free | 43.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
