Fairbury, IL Real Estate
According to census data in the year 2000 there were 1,600 housing units in Fairbury.
This represents a 12.2% growth from 1,426 in 1990.
Of those housing units, 1,587 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Fairbury is about 69.6%.
Fairbury's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Fairbury were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 7.80% |
| Two Bedrooms | 35.50% |
| Three Bedrooms | 34.10% |
| Four Bedrooms | 16.40% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $85,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 44.50% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
