Watson, IL Real Estate
According to census data in the year 2000 there were 271 housing units in Watson.
This represents a 19.4% growth from 227 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 271 were located in what is classified as a rural area.
Homeownership rate in Watson is about 85.7%.
Watson's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 3.07 people.
The majority of houses, apartments or condos in Watson were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.20% |
| Two Bedrooms | 27.70% |
| Three Bedrooms | 59% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $61,900 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.43 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 68.90% |
| Debt Free | 15.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
