New Minden, IL Real Estate
According to census data in the year 2000 there were 103 housing units in New Minden.
This represents a 4% growth from 99 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 103 were located in what is classified as a rural area.
Homeownership rate in New Minden is about 86.2%.
New Minden's vacancy rate, including seasonal lodging, is about 15.5%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in New Minden were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.90% |
| Two Bedrooms | 42.70% |
| Three Bedrooms | 47.60% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $59,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.33 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 8% |
| Simple Mortgage | 28% |
| Debt Free | 60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
