Philo, IL Real Estate
According to census data in the year 2000 there were 490 housing units in Philo.
This represents a 26.3% growth from 388 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 490 were located in what is classified as a rural area.
Homeownership rate in Philo is about 93.6%.
Philo's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Philo were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.80% |
| Two Bedrooms | 13.50% |
| Three Bedrooms | 60.20% |
| Four Bedrooms | 20.60% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $94,800 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $513 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 56.10% |
| Debt Free | 32.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
