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Ford Heights, IL Real Estate


According to census data in the year 2000 there were 1,028 housing units in Ford Heights. This represents a 10.3% decline from 1,146 in 1990.

Of those housing units, 1,028 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ford Heights is about 35.1%. Ford Heights's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 3.5 people.

The majority of houses, apartments or condos in Ford Heights were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom19.90%
Two Bedrooms16.70%
Three Bedrooms38.90%
Four Bedrooms17.80%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.26
Median year structure was built1962
Median Value of occupied units$42,300
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size3.64
Median year structure was built1967
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.70%
Home Equity Loan2.60%
Simple Mortgage44.50%
Debt Free42.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.8%