Niles, IL Real Estate
According to census data in the year 2000 there were 12,336 housing units in Niles.
This represents a 11.6% growth from 11,052 in 1990.
Of those housing units, 12,336 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Niles is about 76.2%.
Niles's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Niles were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||1.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1961|
|Median Value of occupied units||$204,400|
|Median Price asked for vacant units||$237,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.92|
|Median year structure was built||1966|
|Median Monthly Rent asked for vacant units||$1,525|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||6.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|