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Minonk, IL Real Estate


According to census data in the year 2000 there were 896 housing units in Minonk. This represents a 6% growth from 845 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 896 were located in what is classified as a rural area.

Homeownership rate in Minonk is about 78.2%. Minonk's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Minonk were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9%
Two Bedrooms25.10%
Three Bedrooms47.80%
Four Bedrooms16%
Five Bedrooms or more2.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1951
Median Value of occupied units$74,200
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1956
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan8.10%
Simple Mortgage41.40%
Debt Free47.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%