Hammond, IL Real Estate
According to census data in the year 2000 there were 243 housing units in Hammond.
This represents a 5.2% growth from 231 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 243 were located in what is classified as a rural area.
Homeownership rate in Hammond is about 78.9%.
Hammond's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Hammond were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.10% |
| Two Bedrooms | 27.20% |
| Three Bedrooms | 48.10% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $66,300 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 57.60% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
