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Gifford, IL Real Estate


According to census data in the year 2000 there were 321 housing units in Gifford. This represents a 2.4% decline from 329 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 321 were located in what is classified as a rural area.

Homeownership rate in Gifford is about 87.5%. Gifford's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Gifford were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom2.50%
Two Bedrooms22.10%
Three Bedrooms56.40%
Four Bedrooms16.80%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1966
Median Value of occupied units$83,600
Median Price asked for vacant units$91,300

Rented Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan5.80%
Simple Mortgage49.40%
Debt Free39%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%