Philo, IL Real Estate
According to census data in the year 2000 there were 490 housing units in Philo.
This represents a 26.3% growth from 388 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 490 were located in what is classified as a rural area.
Homeownership rate in Philo is about 93.6%.
Philo's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Philo were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||4.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.9|
|Median year structure was built||1968|
|Median Value of occupied units||$94,800|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$513|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.9%|