Momence, IL Real Estate
According to census data in the year 2000 there were 1,232 housing units in Momence.
This represents a 3.9% growth from 1,186 in 1990.
Of those housing units, 1,232 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Momence is about 67.4%.
Momence's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Momence were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 11.90% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $94,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $430 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 47.10% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
