Rochester, IL Real Estate
According to census data in the year 2000 there were 1,115 housing units in Rochester.
This represents a 18.9% growth from 938 in 1990.
Of those housing units, 1,079 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.
Homeownership rate in Rochester is about 91.6%.
Rochester's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Rochester were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.90% |
| Two Bedrooms | 8.50% |
| Three Bedrooms | 60.60% |
| Four Bedrooms | 24.20% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $115,300 |
| Median Price asked for vacant units | $59,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1970 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 7% |
| Simple Mortgage | 56.50% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
