Fairmount, IL Real Estate
According to census data in the year 2000 there were 280 housing units in Fairmount.
This represents a 1.4% growth from 276 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 280 were located in what is classified as a rural area.
Homeownership rate in Fairmount is about 84.5%.
Fairmount's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Fairmount were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.90% |
| Two Bedrooms | 33.60% |
| Three Bedrooms | 50.40% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $53,600 |
| Median Price asked for vacant units | $21,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 0% |
| Simple Mortgage | 46.50% |
| Debt Free | 45.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
