Effingham, IL Real Estate
According to census data in the year 2000 there were 5,693 housing units in Effingham.
This represents a 12.5% growth from 5,059 in 1990.
Of those housing units, 5,564 were located in either urbanized areas or urban clusters, and 129 were located in what is classified as a rural area.
Homeownership rate in Effingham is about 63.1%.
Effingham's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Effingham were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 13.50% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $86,900 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 4% |
| Simple Mortgage | 51.70% |
| Debt Free | 39.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
