Home

Washburn, IL Real Estate


According to census data in the year 2000 there were 492 housing units in Washburn. This represents a 12.6% growth from 437 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 492 were located in what is classified as a rural area.

Homeownership rate in Washburn is about 81.1%. Washburn's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Washburn were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.60%
Two Bedrooms29.30%
Three Bedrooms38.20%
Four Bedrooms20.10%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1942
Median Value of occupied units$71,600
Median Price asked for vacant units$58,800

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1949
Median Monthly Rent asked for vacant units$319

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan4.20%
Simple Mortgage46.30%
Debt Free43.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.6%