Lima, IL Real Estate
According to census data in the year 2000 there were 58 housing units in Lima.
This represents a 20.8% growth from 48 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 58 were located in what is classified as a rural area.
Homeownership rate in Lima is about 92.7%.
Lima's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Lima were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1964|
|Median Value of occupied units||$51,000|
|Median Price asked for vacant units||$12,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.75|
|Median year structure was built||1945|
|Median Monthly Rent asked for vacant units||$250|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||12.8%|