Royal Lakes, IL Real Estate
According to census data in the year 2000 there were 118 housing units in Royal Lakes.
This represents a 1.7% decline from 120 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Royal Lakes is about 79.7%.
Royal Lakes's vacancy rate, including seasonal lodging, is about 37.3%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Royal Lakes were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||0%|
Owned Homes, Apartments and Condos
|Average Household Size||2.14|
|Median year structure was built||1967|
|Median Value of occupied units||$50,600|
|Median Price asked for vacant units||$15,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.33|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$350|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||25.3%|