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Wapella, IL Real Estate


According to census data in the year 2000 there were 280 housing units in Wapella. This represents a 17.6% growth from 238 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 280 were located in what is classified as a rural area.

Homeownership rate in Wapella is about 85.6%. Wapella's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Wapella were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.80%
Two Bedrooms33.90%
Three Bedrooms55.40%
Four Bedrooms5%
Five Bedrooms or more3.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1963
Median Value of occupied units$65,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1964
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.10%
Home Equity Loan10.50%
Simple Mortgage54.40%
Debt Free24%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%