Oakwood, IL Real Estate
According to census data in the year 2000 there were 635 housing units in Oakwood.
This represents a 2.6% growth from 619 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 635 were located in what is classified as a rural area.
Homeownership rate in Oakwood is about 83.4%.
Oakwood's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Oakwood were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.60% |
| Two Bedrooms | 38.30% |
| Three Bedrooms | 47.90% |
| Four Bedrooms | 5.70% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $61,700 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 5% |
| Simple Mortgage | 56.10% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
