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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 Type0%
One Bedroom5.80%
Two Bedrooms44.40%
Three Bedrooms43.10%
Four Bedrooms5.80%
Five Bedrooms or more0.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1973
Median Value of occupied units$38,400
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size3.25
Median year structure was built1973
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.20%
Simple Mortgage47.80%
Debt Free50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%