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Toluca, IL Real Estate


According to census data in the year 2000 there were 633 housing units in Toluca. This represents a 7.7% growth from 588 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 633 were located in what is classified as a rural area.

Homeownership rate in Toluca is about 79.3%. Toluca's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Toluca were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.70%
Two Bedrooms36%
Three Bedrooms42.80%
Four Bedrooms7.60%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1946
Median Value of occupied units$60,000
Median Price asked for vacant units$56,700

Rented Homes, Apartments and Condos

Average Household Size1.57
Median year structure was built1966
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.60%
Home Equity Loan2.30%
Simple Mortgage44.50%
Debt Free51.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%