Merrionette Park, IL Real Estate
According to census data in the year 2000 there were 990 housing units in Merrionette Park.
This represents a 0.2% decline from 992 in 1990.
Of those housing units, 990 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Merrionette Park is about 75.5%.
Merrionette Park's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Merrionette Park were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 23.80% |
| Two Bedrooms | 44.80% |
| Three Bedrooms | 23.50% |
| Four Bedrooms | 4.80% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $108,900 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $555 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.40% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 53% |
| Debt Free | 31.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
