Rockford, IL Real Estate
According to census data in the year 2000 there were 63,607 housing units in Rockford.
This represents a 9.4% growth from 58,146 in 1990.
Of those housing units, 63,525 were located in either urbanized areas or urban clusters, and 82 were located in what is classified as a rural area.
Homeownership rate in Rockford is about 61.3%.
Rockford's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Rockford were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1957|
|Median Value of occupied units||$79,900|
|Median Price asked for vacant units||$65,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.16|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$418|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||8.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.4%|