Hoffman, IL Real Estate
According to census data in the year 2000 there were 191 housing units in Hoffman.
This represents a 1.6% growth from 188 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 191 were located in what is classified as a rural area.
Homeownership rate in Hoffman is about 78.8%.
Hoffman's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Hoffman were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.20% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.05 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 40% |
| Debt Free | 50.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
