Royal, IL Real Estate
According to census data in the year 2000 there were 141 housing units in Royal.
This represents a 24.8% growth from 113 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 141 were located in what is classified as a rural area.
Homeownership rate in Royal is about 85.2%.
Royal's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Royal were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.40% |
| Two Bedrooms | 34.80% |
| Three Bedrooms | 51.10% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $84,500 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1948 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 40.70% |
| Debt Free | 43.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
