Riverside, IL Real Estate
According to census data in the year 2000 there were 3,674 housing units in Riverside.
This represents a 0.7% growth from 3,647 in 1990.
Of those housing units, 3,674 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Riverside is about 78.8%.
Riverside's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Riverside were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.50% |
| Two Bedrooms | 27.70% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 15.80% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $264,200 |
| Median Price asked for vacant units | $198,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 49.60% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
