Manhattan, IL Real Estate
According to census data in the year 2000 there were 1,167 housing units in Manhattan.
This represents a 54.4% growth from 756 in 1990.
Of those housing units, 1,140 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Manhattan is about 79.3%.
Manhattan's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Manhattan were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.30% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 19.30% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.12 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $150,500 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.20% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 62.40% |
| Debt Free | 15.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.5% |
