Mt. Vernon, IL Real Estate
According to census data in the year 2000 there were 7,845 housing units in Mt. Vernon.
This represents a 1% decline from 7,922 in 1990.
Of those housing units, 7,749 were located in either urbanized areas or urban clusters, and 96 were located in what is classified as a rural area.
Homeownership rate in Mt. Vernon is about 60.6%.
Mt. Vernon's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Mt. Vernon were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 14.60% |
| Two Bedrooms | 36.30% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $57,700 |
| Median Price asked for vacant units | $48,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $280 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 44.90% |
| Debt Free | 43.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
