Milton, IL Real Estate
According to census data in the year 2000 there were 122 housing units in Milton.
This represents a 9.9% growth from 111 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 122 were located in what is classified as a rural area.
Homeownership rate in Milton is about 86.1%.
Milton's vacancy rate, including seasonal lodging, is about 11.5%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Milton were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.90% |
| Two Bedrooms | 38.50% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 51.60% |
| Debt Free | 33.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
