Vermilion, IL Real Estate
According to census data in the year 2000 there were 100 housing units in Vermilion.
This represents a 9.1% decline from 110 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.
Homeownership rate in Vermilion is about 71%.
Vermilion's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Vermilion were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12% |
| Two Bedrooms | 39% |
| Three Bedrooms | 33% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $37,500 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 45.80% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
