Arcola, IL Real Estate

According to census data in the year 2000 there were 1,078 housing units in Arcola. This represents a 2.2% growth from 1,055 in 1990.

Of those housing units, 1,067 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.

Homeownership rate in Arcola is about 75.6%. Arcola's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Arcola were built after 1962.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.10%
Two Bedrooms31.10%
Three Bedrooms40%
Four Bedrooms14.70%
Five Bedrooms or more4.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1960
Median Value of occupied units$69,500
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1968
Median Monthly Rent asked for vacant units$383

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan4.80%
Simple Mortgage54.20%
Debt Free37.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%