Wheeling, IL Real Estate
According to census data in the year 2000 there were 13,691 housing units in Wheeling.
This represents a 5.3% growth from 12,998 in 1990.
Of those housing units, 13,691 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wheeling is about 66.5%.
Wheeling's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Wheeling were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 20.40% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 33.40% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $160,900 |
| Median Price asked for vacant units | $87,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $870 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 66.20% |
| Debt Free | 16% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
