Ottawa, IL Real Estate
According to census data in the year 2000 there were 8,007 housing units in Ottawa.
This represents a 6.6% growth from 7,511 in 1990.
Of those housing units, 7,978 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.
Homeownership rate in Ottawa is about 67.9%.
Ottawa's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Ottawa were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13.70% |
| Two Bedrooms | 35% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $87,500 |
| Median Price asked for vacant units | $82,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $426 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 48.80% |
| Debt Free | 38.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
