Gridley, IL Real Estate
According to census data in the year 2000 there were 572 housing units in Gridley.
This represents a 15.6% growth from 495 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 572 were located in what is classified as a rural area.
Homeownership rate in Gridley is about 79.7%.
Gridley's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Gridley were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.10% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 44.60% |
| Four Bedrooms | 17.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $87,400 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $508 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 45.20% |
| Debt Free | 37.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
