New Salem, IL Real Estate
According to census data in the year 2000 there were 74 housing units in New Salem.
This represents a 12.1% growth from 66 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.
Homeownership rate in New Salem is about 64.4%.
New Salem's vacancy rate, including seasonal lodging, is about 20.3%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in New Salem were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.10% |
| One Bedroom | 6.80% |
| Two Bedrooms | 24.30% |
| Three Bedrooms | 51.40% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $32,500 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 43.80% |
| Debt Free | 56.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
