Towanda, IL Real Estate
According to census data in the year 2000 there were 206 housing units in Towanda.
This represents a 32.7% decline from 306 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 206 were located in what is classified as a rural area.
Homeownership rate in Towanda is about 79%.
Towanda's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Towanda were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $85,300 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 51.30% |
| Debt Free | 29.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
