Tower Hill, IL Real Estate
According to census data in the year 2000 there were 259 housing units in Tower Hill.
This represents a 6.6% growth from 243 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 259 were located in what is classified as a rural area.
Homeownership rate in Tower Hill is about 78.4%.
Tower Hill's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Tower Hill were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.70% |
| Two Bedrooms | 38.60% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $33,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.39 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 32.10% |
| Debt Free | 57.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.4% |
