Venice, IL Real Estate
According to census data in the year 2000 there were 1,154 housing units in Venice.
This represents a 20.1% decline from 1,445 in 1990.
Of those housing units, 1,154 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Venice is about 45.7%.
Venice's vacancy rate, including seasonal lodging, is about 17.7%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Venice were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 15.80% |
| Two Bedrooms | 52% |
| Three Bedrooms | 25.40% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $31,900 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 38% |
| Debt Free | 53.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
