Rochelle, IL Real Estate
According to census data in the year 2000 there were 3,916 housing units in Rochelle.
This represents a 8.6% growth from 3,605 in 1990.
Of those housing units, 3,907 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Rochelle is about 57.8%.
Rochelle's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Rochelle were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 19.50% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 36.30% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $96,200 |
| Median Price asked for vacant units | $97,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $366 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 46.50% |
| Debt Free | 38% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
