German Valley, IL Real Estate
According to census data in the year 2000 there were 198 housing units in German Valley.
This represents a 10.6% growth from 179 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 198 were located in what is classified as a rural area.
Homeownership rate in German Valley is about 82.4%.
German Valley's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in German Valley were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.60% |
| Two Bedrooms | 13.60% |
| Three Bedrooms | 51% |
| Four Bedrooms | 22.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $77,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 54.90% |
| Debt Free | 31% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
