Farmer City, IL Real Estate
According to census data in the year 2000 there were 911 housing units in Farmer City.
This represents a 0.8% decline from 918 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 911 were located in what is classified as a rural area.
Homeownership rate in Farmer City is about 75.8%.
Farmer City's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Farmer City were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.60% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 15.40% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $71,600 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $265 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 44.50% |
| Debt Free | 46% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
