Spring Bay, IL Real Estate
According to census data in the year 2000 there were 200 housing units in Spring Bay.
This represents a 14.3% growth from 175 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 200 were located in what is classified as a rural area.
Homeownership rate in Spring Bay is about 85.2%.
Spring Bay's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Spring Bay were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1968|
|Median Value of occupied units||$75,900|
|Median Price asked for vacant units||$80,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.89|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.7%|