Newton, IL Real Estate
According to census data in the year 2000 there were 1,502 housing units in Newton.
This represents a 3.2% growth from 1,456 in 1990.
Of those housing units, 1,502 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newton is about 73.8%.
Newton's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Newton were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 13.10% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $59,200 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $211 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 49.80% |
| Debt Free | 44.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
