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New Boston, IL Real Estate


According to census data in the year 2000 there were 328 housing units in New Boston. This represents a 2.2% growth from 321 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 328 were located in what is classified as a rural area.

Homeownership rate in New Boston is about 83.8%. New Boston's vacancy rate, including seasonal lodging, is about 18.9%. Average household size is 2.35 people.

The majority of houses, apartments or condos in New Boston were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12.80%
Two Bedrooms46.30%
Three Bedrooms30.20%
Four Bedrooms8.20%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1948
Median Value of occupied units$51,100
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1961
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan0%
Simple Mortgage35.30%
Debt Free61.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%