Pekin, IL Real Estate
According to census data in the year 2000 there were 14,002 housing units in Pekin.
This represents a 1.6% growth from 13,776 in 1990.
Of those housing units, 13,900 were located in either urbanized areas or urban clusters, and 102 were located in what is classified as a rural area.
Homeownership rate in Pekin is about 67.2%.
Pekin's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Pekin were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1956|
|Median Value of occupied units||$75,900|
|Median Price asked for vacant units||$62,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.11|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$373|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||9.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.4%|