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Ridge Farm, IL Real Estate


According to census data in the year 2000 there were 387 housing units in Ridge Farm. This represents a 2.5% decline from 397 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.

Homeownership rate in Ridge Farm is about 76.2%. Ridge Farm's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Ridge Farm were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11.40%
Two Bedrooms28.40%
Three Bedrooms46.80%
Four Bedrooms9.30%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1947
Median Value of occupied units$44,400
Median Price asked for vacant units$36,300

Rented Homes, Apartments and Condos

Average Household Size1.4
Median year structure was built1966
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan5.30%
Simple Mortgage44.50%
Debt Free47%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%