Fairmont City, IL Real Estate
According to census data in the year 2000 there were 939 housing units in Fairmont City.
This represents a 0.8% decline from 947 in 1990.
Of those housing units, 939 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairmont City is about 72.9%.
Fairmont City's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Fairmont City were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 22.90% |
| Two Bedrooms | 41.10% |
| Three Bedrooms | 32.80% |
| Four Bedrooms | 2.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 33.50% |
| Debt Free | 55.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
