Kankakee, IL Real Estate
According to census data in the year 2000 there were 10,946 housing units in Kankakee.
This represents a 3.8% decline from 11,380 in 1990.
Of those housing units, 10,933 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Kankakee is about 53.1%.
Kankakee's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Kankakee were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1948|
|Median Value of occupied units||$73,400|
|Median Price asked for vacant units||$62,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$420|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||7%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|