Grand Tower, IL Real Estate
According to census data in the year 2000 there were 317 housing units in Grand Tower.
This represents a 3.1% decline from 327 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 317 were located in what is classified as a rural area.
Homeownership rate in Grand Tower is about 75.6%.
Grand Tower's vacancy rate, including seasonal lodging, is about 14.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Grand Tower were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.70% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 48.30% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $33,300 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 41.20% |
| Debt Free | 58.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
