Waterloo, IL Real Estate
According to census data in the year 2000 there were 2,961 housing units in Waterloo.
This represents a 45.1% growth from 2,040 in 1990.
Of those housing units, 2,788 were located in either urbanized areas or urban clusters, and 173 were located in what is classified as a rural area.
Homeownership rate in Waterloo is about 71.2%.
Waterloo's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Waterloo were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.20% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $119,600 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 47.70% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
