New Bedford, IL Real Estate
According to census data in the year 2000 there were 43 housing units in New Bedford.
This represents a 65.4% growth from 26 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.
Homeownership rate in New Bedford is about 92.9%.
New Bedford's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in New Bedford were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 51.20% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $60,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.33 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 35.10% |
| Debt Free | 59.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
