Herrick, IL Real Estate
According to census data in the year 2000 there were 225 housing units in Herrick.
This represents a 14.8% growth from 196 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 225 were located in what is classified as a rural area.
Homeownership rate in Herrick is about 82%.
Herrick's vacancy rate, including seasonal lodging, is about 11.1%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Herrick were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 44.40% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $38,400 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.25 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 47.80% |
| Debt Free | 50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
