Midlothian, IL Real Estate
According to census data in the year 2000 there were 5,353 housing units in Midlothian.
This represents a 7% growth from 5,004 in 1990.
Of those housing units, 5,353 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Midlothian is about 80%.
Midlothian's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Midlothian were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.20% |
| Two Bedrooms | 24.50% |
| Three Bedrooms | 51.40% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $114,800 |
| Median Price asked for vacant units | $84,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $473 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 12% |
| Simple Mortgage | 54.90% |
| Debt Free | 24.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
