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Lacon, IL Real Estate


According to census data in the year 2000 there were 847 housing units in Lacon. This represents a 3.8% growth from 816 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 847 were located in what is classified as a rural area.

Homeownership rate in Lacon is about 77.1%. Lacon's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Lacon were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.90%
Two Bedrooms40.60%
Three Bedrooms35.40%
Four Bedrooms13.50%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1947
Median Value of occupied units$69,500
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1958
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan5.80%
Simple Mortgage39.70%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%