Hamilton, IL Real Estate
According to census data in the year 2000 there were 1,336 housing units in Hamilton.
This represents a 1% decline from 1,350 in 1990.
Of those housing units, 1,313 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.
Homeownership rate in Hamilton is about 81.7%.
Hamilton's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Hamilton were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 5.20% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 47.70% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $65,800 |
| Median Price asked for vacant units | $70,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $289 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 8% |
| Simple Mortgage | 50% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
