Tallula, IL Real Estate
According to census data in the year 2000 there were 254 housing units in Tallula.
This represents a 9.5% growth from 232 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 Tallula is about 82.5%.
Tallula's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Tallula were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.10% |
| Two Bedrooms | 48.80% |
| Three Bedrooms | 34.60% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $53,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 40.10% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
