Palmyra, IL Real Estate
According to census data in the year 2000 there were 362 housing units in Palmyra.
This represents a 4.6% growth from 346 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 362 were located in what is classified as a rural area.
Homeownership rate in Palmyra is about 71.6%.
Palmyra's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Palmyra were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.30% |
| Two Bedrooms | 41.20% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $41,900 |
| Median Price asked for vacant units | $15,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 2.10% |
| Simple Mortgage | 44.70% |
| Debt Free | 51.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
