Morris, IL Real Estate
According to census data in the year 2000 there were 5,087 housing units in Morris.
This represents a 18.1% growth from 4,307 in 1990.
Of those housing units, 5,022 were located in either urbanized areas or urban clusters, and 65 were located in what is classified as a rural area.
Homeownership rate in Morris is about 57%.
Morris's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Morris were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 15.20% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 37.40% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $127,700 |
| Median Price asked for vacant units | $133,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $546 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 55% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
