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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 Type1.60%
One Bedroom15.90%
Two Bedrooms32.30%
Three Bedrooms38.40%
Four Bedrooms9%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1954
Median Value of occupied units$62,800
Median Price asked for vacant units$62,100

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1958
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7%
Home Equity Loan7.20%
Simple Mortgage47.20%
Debt Free38.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%