Riverdale, IL Real Estate
According to census data in the year 2000 there were 5,428 housing units in Riverdale.
This represents a 3.5% decline from 5,623 in 1990.
Of those housing units, 5,428 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Riverdale is about 57.3%.
Riverdale's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Riverdale were built after 1958.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 1.40% |
| One Bedroom | 14% |
| Two Bedrooms | 36.20% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
Average Household Size | 3.13 |
Median year structure was built | 1954 |
Median Value of occupied units | $82,600 |
Median Price asked for vacant units | $82,200 |
Rented Homes, Apartments and Condos
Average Household Size | 2.85 |
Median year structure was built | 1964 |
Median Monthly Rent asked for vacant units | $598 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 15.40% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 58% |
| Debt Free | 23.20% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |