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Rock Island, IL Real Estate


According to census data in the year 2000 there were 17,507 housing units in Rock Island. This represents a 2.2% decline from 17,901 in 1990.

Of those housing units, 17,487 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.

Homeownership rate in Rock Island is about 65.1%. Rock Island's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Rock Island were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom16.50%
Two Bedrooms34.60%
Three Bedrooms33.90%
Four Bedrooms11.40%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1948
Median Value of occupied units$70,600
Median Price asked for vacant units$52,200

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1952
Median Monthly Rent asked for vacant units$398

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.70%
Home Equity Loan5.90%
Simple Mortgage47.30%
Debt Free41%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%