Modesto, IL Real Estate
According to census data in the year 2000 there were 110 housing units in Modesto.
This represents a 4.3% decline from 115 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 110 were located in what is classified as a rural area.
Homeownership rate in Modesto is about 69.2%.
Modesto's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Modesto were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $56,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1953 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 55.60% |
| Debt Free | 40.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
