El Paso, IL Real Estate
According to census data in the year 2000 there were 1,024 housing units in El Paso.
This represents a 10.7% growth from 925 in 1990.
Of those housing units, 992 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.
Homeownership rate in El Paso is about 74.8%.
El Paso's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in El Paso were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5.30% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $88,800 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 45.60% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
