Piper City, IL Real Estate
According to census data in the year 2000 there were 325 housing units in Piper City.
This represents a 7.9% decline from 353 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 325 were located in what is classified as a rural area.
Homeownership rate in Piper City is about 79%.
Piper City's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Piper City were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.80% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 48.60% |
| Four Bedrooms | 17.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $72,900 |
| Median Price asked for vacant units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 42.10% |
| Debt Free | 52.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
