Erie, IL Real Estate
According to census data in the year 2000 there were 683 housing units in Erie.
This represents a 5.1% growth from 650 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 683 were located in what is classified as a rural area.
Homeownership rate in Erie is about 77%.
Erie's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Erie were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.20% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 46.30% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $82,200 |
| Median Price asked for vacant units | $73,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 43.80% |
| Debt Free | 46.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
