Rock Falls, IL Real Estate
According to census data in the year 2000 there were 4,103 housing units in Rock Falls.
This represents a 5.4% growth from 3,891 in 1990.
Of those housing units, 4,103 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rock Falls is about 63.7%.
Rock Falls's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Rock Falls were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 15.90% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 38.40% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $62,800 |
| Median Price asked for vacant units | $62,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $367 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 47.20% |
| Debt Free | 38.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
