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Wood River, IL Real Estate


According to census data in the year 2000 there were 5,013 housing units in Wood River. This represents a 1% growth from 4,961 in 1990.

Of those housing units, 4,966 were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.

Homeownership rate in Wood River is about 65.2%. Wood River's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Wood River were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15%
Two Bedrooms43.20%
Three Bedrooms32.20%
Four Bedrooms7.50%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1951
Median Value of occupied units$59,600
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1959
Median Monthly Rent asked for vacant units$345

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan3%
Simple Mortgage47.70%
Debt Free46.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%