Herscher, IL Real Estate
According to census data in the year 2000 there were 554 housing units in Herscher.
This represents a 21.5% growth from 456 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 554 were located in what is classified as a rural area.
Homeownership rate in Herscher is about 76.9%.
Herscher's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Herscher were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 48.60% |
| Four Bedrooms | 18.60% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $108,100 |
| Median Price asked for vacant units | $143,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 10% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 39.70% |
| Debt Free | 37.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
