South Wilmington, IL Real Estate
According to census data in the year 2000 there were 292 housing units in South Wilmington.
This represents a 1.4% growth from 288 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 292 were located in what is classified as a rural area.
Homeownership rate in South Wilmington is about 84.1%.
South Wilmington's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in South Wilmington were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 3.10% |
| Two Bedrooms | 44.50% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 4.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $89,600 |
| Median Price asked for vacant units | $71,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.19 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 32.70% |
| Debt Free | 61.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
