Tolono, IL Real Estate
According to census data in the year 2000 there were 1,134 housing units in Tolono.
This represents a 8.3% growth from 1,047 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,134 were located in what is classified as a rural area.
Homeownership rate in Tolono is about 79.2%.
Tolono's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Tolono were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 7.10% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $80,600 |
| Median Price asked for vacant units | $88,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 56.40% |
| Debt Free | 34.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
