Ridge Farm, IL Real Estate
According to census data in the year 2000 there were 387 housing units in Ridge Farm.
This represents a 2.5% decline from 397 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.
Homeownership rate in Ridge Farm is about 76.2%.
Ridge Farm's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Ridge Farm were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 11.40% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $44,400 |
| Median Price asked for vacant units | $36,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.4 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 44.50% |
| Debt Free | 47% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
