Shannon, IL Real Estate
According to census data in the year 2000 there were 361 housing units in Shannon.
This represents a 5.6% growth from 342 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 361 were located in what is classified as a rural area.
Homeownership rate in Shannon is about 83.5%.
Shannon's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Shannon were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 7.80% |
| Two Bedrooms | 24.70% |
| Three Bedrooms | 40.70% |
| Four Bedrooms | 23% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $73,500 |
| Median Price asked for vacant units | $61,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 38% |
| Debt Free | 49.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
