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Gilman, IL Real Estate


According to census data in the year 2000 there were 819 housing units in Gilman. This represents a 4.9% growth from 781 in 1990.

Of those housing units, 770 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.

Homeownership rate in Gilman is about 71.3%. Gilman's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Gilman were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.60%
Two Bedrooms34.80%
Three Bedrooms39.90%
Four Bedrooms12.80%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1944
Median Value of occupied units$73,600
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1954
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan2.10%
Simple Mortgage40.70%
Debt Free53.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.7%