Hoopeston, IL Real Estate
According to census data in the year 2000 there were 2,521 housing units in Hoopeston.
This represents a 1.1% decline from 2,550 in 1990.
Of those housing units, 2,479 were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.
Homeownership rate in Hoopeston is about 67.8%.
Hoopeston's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Hoopeston were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 11.70% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 34% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $48,700 |
| Median Price asked for vacant units | $12,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $355 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 46.50% |
| Debt Free | 41.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
