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Gridley, IL Real Estate


According to census data in the year 2000 there were 572 housing units in Gridley. This represents a 15.6% growth from 495 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 572 were located in what is classified as a rural area.

Homeownership rate in Gridley is about 79.7%. Gridley's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Gridley were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom5.10%
Two Bedrooms30.20%
Three Bedrooms44.60%
Four Bedrooms17.80%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1960
Median Value of occupied units$87,400
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1976
Median Monthly Rent asked for vacant units$508

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan5.90%
Simple Mortgage45.20%
Debt Free37.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%