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Momence, IL Real Estate


According to census data in the year 2000 there were 1,232 housing units in Momence. This represents a 3.9% growth from 1,186 in 1990.

Of those housing units, 1,232 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Momence is about 67.4%. Momence's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Momence were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom11.90%
Two Bedrooms34.30%
Three Bedrooms39.20%
Four Bedrooms10.40%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1942
Median Value of occupied units$94,900

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1939
Median Monthly Rent asked for vacant units$430

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan7.10%
Simple Mortgage47.10%
Debt Free37.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%