Home

New Minden, IL Real Estate


According to census data in the year 2000 there were 103 housing units in New Minden. This represents a 4% growth from 99 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 103 were located in what is classified as a rural area.

Homeownership rate in New Minden is about 86.2%. New Minden's vacancy rate, including seasonal lodging, is about 15.5%. Average household size is 2.34 people.

The majority of houses, apartments or condos in New Minden were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.90%
Two Bedrooms42.70%
Three Bedrooms47.60%
Four Bedrooms5.80%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1943
Median Value of occupied units$59,000

Rented Homes, Apartments and Condos

Average Household Size3.33
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan8%
Simple Mortgage28%
Debt Free60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%