New Baden, IL Real Estate
According to census data in the year 2000 there were 1,180 housing units in New Baden.
This represents a 21.1% growth from 974 in 1990.
Of those housing units, 1,171 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in New Baden is about 75%.
New Baden's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in New Baden were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.80% |
| Two Bedrooms | 25.70% |
| Three Bedrooms | 50.80% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $83,700 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.57 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 51.80% |
| Debt Free | 31.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
