Grand Ridge, IL Real Estate
According to census data in the year 2000 there were 209 housing units in Grand Ridge.
This represents a 4.1% decline from 218 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 209 were located in what is classified as a rural area.
Homeownership rate in Grand Ridge is about 83.4%.
Grand Ridge's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Grand Ridge were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.80% |
| Two Bedrooms | 28.20% |
| Three Bedrooms | 48.30% |
| Four Bedrooms | 18.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $77,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 54.90% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
