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Ridgway, IL Real Estate


According to census data in the year 2000 there were 483 housing units in Ridgway. This represents a 6.6% decline from 517 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 483 were located in what is classified as a rural area.

Homeownership rate in Ridgway is about 79.1%. Ridgway's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Ridgway were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom11.40%
Two Bedrooms36.90%
Three Bedrooms40.60%
Four Bedrooms10.60%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1965
Median Value of occupied units$47,300
Median Price asked for vacant units$30,800

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1964
Median Monthly Rent asked for vacant units$154

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan0.70%
Simple Mortgage27.60%
Debt Free68.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.6%