Decatur, IL Real Estate
According to census data in the year 2000 there were 37,257 housing units in Decatur.
This represents a 0.6% decline from 37,470 in 1990.
Of those housing units, 37,157 were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.
Homeownership rate in Decatur is about 66.5%.
Decatur's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Decatur were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 13.80% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $63,200 |
| Median Price asked for vacant units | $38,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 51.30% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
