Peoria, IL Real Estate
According to census data in the year 2000 there were 49,042 housing units in Peoria.
This represents a 1.6% growth from 48,260 in 1990.
Of those housing units, 48,996 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Peoria is about 59.9%.
Peoria's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Peoria were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.47|
|Median year structure was built||1956|
|Median Value of occupied units||$85,400|
|Median Price asked for vacant units||$50,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.24|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$419|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|