New Millford, IL Real Estate
According to census data in the year 2000 there were 257 housing units in New Millford.
This represents a 41.2% growth from 182 in 1990.
Of those housing units, 232 were located in either urbanized areas or urban clusters, and 25 were located in what is classified as a rural area.
Homeownership rate in New Millford is about 80.7%.
New Millford's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in New Millford were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 5.40% |
| Two Bedrooms | 38.50% |
| Three Bedrooms | 45.90% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $150,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10% |
| Home Equity Loan | 18.60% |
| Simple Mortgage | 70% |
| Debt Free | 1.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
