Stanford, IL Real Estate
According to census data in the year 2000 there were 254 housing units in Stanford.
This represents a 8.5% growth from 234 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.
Homeownership rate in Stanford is about 84.7%.
Stanford's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Stanford were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.60% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 19.70% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $76,700 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 56.40% |
| Debt Free | 29.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
