Monticello, IL Real Estate
According to census data in the year 2000 there were 2,218 housing units in Monticello.
This represents a 18% growth from 1,880 in 1990.
Of those housing units, 2,201 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Monticello is about 78.8%.
Monticello's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Monticello were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 6.60% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $100,700 |
| Median Price asked for vacant units | $91,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.63 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $438 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 47.60% |
| Debt Free | 36.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
