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 Units by Size|
|Five Bedrooms or more||4.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.6|
|Median year structure was built||1960|
|Median Value of occupied units||$69,500|
|Median Price asked for vacant units||$9,999|
Rented Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$383|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|