Gibson, IL Real Estate
According to census data in the year 2000 there were 1,557 housing units in Gibson.
This represents a 2.4% growth from 1,520 in 1990.
Of those housing units, 1,546 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Gibson is about 68.1%.
Gibson's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Gibson were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $68,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 40.20% |
| Debt Free | 53.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
