Pana, IL Real Estate
According to census data in the year 2000 there were 2,534 housing units in Pana.
This represents a 0.3% decline from 2,542 in 1990.
Of those housing units, 2,528 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Pana is about 70.5%.
Pana's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Pana were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 12% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $46,700 |
| Median Price asked for vacant units | $42,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 41.80% |
| Debt Free | 51.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
