Belle Rive Illinois Area Home Supply Charts

This page looks at a variety of Belle Rive Illinois housing market data taken from the most recent 2020 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Belle Rive depicts it has a Housing Units of 143 which is in the mid range of other places in the area.

Figure 2 illustrates the housing density in the Belle Rive housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Belle Rive shows it has a Housing Density of 163.5 which is less than most other places in the greater region. The city with the highest housing density in the area is Dahlgren which shows a density of 301.1 (about twice as large). Comparing housing density to the United States average of 38.9, Belle Rive is approximately 4.2 times bigger. Also, in comparison with the state of Illinois, housing density of 96.4, Belle Rive is 69.6% larger.

In Figure 4, Belle Rive area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Belle Rive depicts it has a Housing Unit Change of -8.9% which is the second smallest as measured by change in the housing units of all the other places in the local area. The city with the highest change in the housing units in the area is Dahlgren which shows a housing units of 24.0% (approximately 2.7 times bigger). Comparing change in the housing units to the United States average of 5.7%, Belle Rive is 56.9% larger. Also, compared to the state of Illinois, change in the housing units of 1.2%, Belle Rive is substantially bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Belle Rive shows it has a Renter Percent of 13.3% which is less than most other places in the area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 86.7% which is the third most owner percent of all other places in the greater Belle Rive region.

Belle Rive Illinois Home Cost Charts

Looking at the housing data provided in Figure 7, the average Belle Rive home price is illustrated for this community and a useful analysis of affordable housing. Belle Rive depicts it has a Median Home Value of $66,800 which is the third most median home prices of all other places in the greater Belle Rive region. The city with the highest median home price in the area is Belle Prairie City which indicates a home price of $112,500 (68.4% larger). Figure 8 provides aggregate comparative data for the Belle Rive Illinois metro area in terms of the median housing rental rate, apartment rent, etc. Belle Rive depicts it has a Median Gross Rent of $600 which is the third most of all other places in the local area. The city with the highest rental rates in the area is Bluford which depicts a rental rates of $788 (31.3% larger). Comparing rental rates to the United States average of $1,062, Belle Rive is approximately half the size. Also, compared to the state of Illinois, rental rates of $1,010, Belle Rive is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Belle Rive has the percentage of home price worth less than $50,000 less than most other places in the local area at 48% of the total. Second, it has the smallest proportion of home price worth between $50,000 to $100,000 at 15% of the total. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 1% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Belle Rive shows it has a Median Owner Cost of $608 which is in the mid range of other places in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Belle Rive metro area. it has a Owner Cost as % of HH Income of 14% which is in the mid range of other places in the greater region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Belle Rive shows it has a Median Home Value as Percent of Median Earnings of 156% which is in the center range of other places in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Belle Rive indicates it has a Median Owner Costs-With Mortgage of $922 which is the second most median housing cost of all the places in the greater Belle Rive region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $354 which is less than most other places in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Belle Rive has the percentage of owner cost less than $300 less than most other places in the metropolitan area at 22% of the total. Second, it has the smallest proportion of owner cost between $300 and $500 at 9% of the total. Third, it has one of the largest proportions of owner cost between $500 and $700 at 32% of the total and is ranked #3. Only #2 Belle Prairie City (33%), and #1 Opdyke CDP (41%) are larger.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Belle Rive shows it has a % of Income Owner Costs-With Mortgage of 15% which is the smallest when sorted by cost as a percent of household income of all the other places in the surrounding region. The city with the highest cost as a percent of household income in the area is Bluford which depicts a cost as a percent of household income of 22% (46.0% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Belle Rive shows it has a % of Income Owner Costs-No Mortgage of 13% which is the second most cost as a percent of household income of all the places in the greater Belle Rive region. The city with the highest cost as a percent of household income in the area is Keenes which shows a cost as a percent of household income of 14% (6.2% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Belle Rive has one of the largest proportions of rent as a percent of income is less than 10 pct at 50% of the total and is ranked #2. The only larger city being Opdyke CDP with 100%. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 28% of the total and is ranked #2. The only larger city being Bonnie with 35%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Belle Rive has the largest proportion of housing cost less than $300 at 27% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $300 and $500 at 11% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $1,125 which is the second most median real estate taxes paid of all the places in the greater Belle Rive region. The city with the highest median real estate taxes paid in the area is Belle Prairie City which depicts a taxes paid of $1,375 (22.2% larger). Comparing median real estate taxes paid to the United States average of $2,471, Belle Rive is approximately half the size. Also, benchmarked against the state of Illinois, median real estate taxes paid of $4,419, Belle Rive is approximately a quarter the size.

Figure 23 shows the rental rate distribution for this area. Belle Rive Illinois has the largest proportion of rent less than 300 dollars at 28% of the total and is ranked #1. Second, it has less than most other places in the metro area when sorted by rent between 500 and 750 dollars at 11% of the total.

Belle Rive Illinois Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Belle Rive has one of the largest proportions of both 2nd mortgage and heloc at 50% of the total and is ranked #3. Only #2 Bonnie (51%), and #1 Bluford (53%) are larger.

Belle Rive Illinois Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.7 which is less than most other places in the local area. The city with the highest family members per housing unit in the area is Opdyke CDP which shows a family members per housing unit of 3.4 (24.8% larger). Comparing family members per housing unit to the United States average of 3.3, Belle Rive is about 21.8% smaller. Also, in comparison with the state of Illinois, family members per housing unit of 3.3, Belle Rive is about 21.5% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.7 which is the third most average number of rooms in a house of all other places in the greater Belle Rive region. The city with the highest average number of rooms in a house in the area is Belle Prairie City which depicts an average number of rooms in a house of 6.3 (10.5% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1981 which is more than all other places in the greater Belle Rive region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built in 2014 or later at 6% of the total and is ranked #1. Second, it has in the mid point range of other places in the local area when sorted by homes built between 2010 to 2013 at 10% of the total. Third, it has one of the largest proportions of homes built between 2000 to 2009 at 20% of the total and is ranked #2. The only larger city being Bonnie with 21%. Also, it has the second smallest as measured by homes built in 2014 or later of all the other places in the metro area when sorted by homes built between 1940 to 1949 at 10% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 18 of the total and is ranked #3. Only #2 Bluford (39), and #1 Dahlgren (64) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit detached at 1% of the total and is ranked #1. Second, it has one of the largest proportions of 50 or more units at 34% of the total and is ranked #3. Only #2 Opdyke CDP (39%), and #1 Keenes (42%) are larger.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2014 or later at $65,000 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2010 to 2013 at $85,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 2000 to 2009 at $85,800 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $55,000 of the total and is ranked #2. The only larger city being Bonnie with $84,000. In addition, it has in the mid range of other places in the metro area in terms of value of homes built 1980 to 1989 at $71,700 of the total. Furthermore, it has one of the largest proportions of value of homes built 1960 to 1969 at $75,000 of the total and is ranked #2. The only larger city being Keenes with $95,000. Next it has one of the largest proportions of value of homes built 1940 to 1949 at $62,500 of the total and is ranked #2. The only larger city being Bonnie with $91,000.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Belle Rive residents. it has a Owner-Household Size of 2.1 which is less than most other places in the greater region. The city with the highest homeowner household size in the area is Opdyke CDP which shows a homeowner household size of 2.8 (34.0% larger).

Figure 37 shows the household size for renters. Belle Rive depicts it has a Renter-Household Size of 2.2 which is the third most renter household sizes of all other places in the greater Belle Rive region. The city with the highest renter household size in the area is Bluford which depicts a renter household sizes of 3.3 (49.1% larger). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2017 or later at 4% of the total and is ranked #3. Only #2 Opdyke CDP (13%), and #1 Bluford (20%) are larger. Second, it has one of the largest proportions of owners moved in 2015 to 2016 at 33% of the total and is ranked #2. The only larger city being Bonnie with 41%. Figure 39 shows the year that people who rent moved into the area. Belle Rive has one of the largest proportions of renters moved in 2017 or later at 50% of the total and is ranked #2. The only larger city being Keenes with 100%. Second, it has in the mid range of other places in the local area when sorted by renters moved in 2015 to 2016 at 20% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is the third most median year that a home owner moved in of all other places in the greater Belle Rive region. Figure 41 compares the median year that renters moved into their home. Belle Rive indicates it has a Renter Median Year Moved In of 2013 which is the second most median year that a renter moved in of all the places in the greater Belle Rive region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 2% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 30% of the total and is ranked #1. Third, it has less than most other places in the metro area in terms of homes using coal or coke at 1% of the total.