Rio, IL Real Estate
According to census data in the year 2000 there were 101 housing units in Rio.
This represents a 3.1% growth from 98 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 101 were located in what is classified as a rural area.
Homeownership rate in Rio is about 88.2%.
Rio's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Rio were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 7.90% |
| Two Bedrooms | 9.90% |
| Three Bedrooms | 60.40% |
| Four Bedrooms | 15.80% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 4 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 32.90% |
| Debt Free | 56.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.9% |
