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Decatur, IL Real Estate


According to census data in the year 2000 there were 37,257 housing units in Decatur. This represents a 0.6% decline from 37,470 in 1990.

Of those housing units, 37,157 were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 66.5%. Decatur's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Decatur were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom13.80%
Two Bedrooms33.70%
Three Bedrooms37.10%
Four Bedrooms11.90%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1957
Median Value of occupied units$63,200
Median Price asked for vacant units$38,200

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1961
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.30%
Home Equity Loan4.50%
Simple Mortgage51.30%
Debt Free39.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%