Four Mile township Illinois Area Home Supply Charts

This page looks at a variety of Four Mile township Illinois housing market data taken from the most recent 2019 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. Four Mile township depicts it has a housing units of 212 which is the third most of all other places in the local area.

Figure 2 illustrates the housing density in the Four Mile township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Four Mile township depicts it has a housing density of 5.3 which is the smallest as measured by housing density of all the other places in the metro area. The city with the highest housing density in the area is Keenes which depicts a density of 320.7 ( very much bigger). Comparing housing density to the United States average of 38.6, Four Mile township is approximately an eigth the size. Also, benchmarked against the state of Illinois, housing density of 96.2, Four Mile township is only about 5.5% the size.

In Figure 4, Four Mile township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Four Mile township depicts it has a change in the housing units of -22.1% which is the second smallest when sorted by change in the housing units of all the other places in the greater region. The city with the highest change in the housing units in the area is Belle Prairie City which shows a housing units of 11.1% ( about the same size). Comparing change in the housing units to the United States average of 4.9%, Four Mile township is approximately 4.5 times bigger. Also, compared to the state of Illinois, change in the housing units of 1.0%, Four Mile township 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.) Four Mile township shows it has a renter percent of 4.9% which is the smallest when ranked by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 95.1% which is the most of all places in the greater Four Mile township region.

Four Mile township Illinois Home Cost Charts

Looking at the housing data provided in Figure 7, the average Four Mile township home price is illustrated for this community and a useful analysis of affordable housing. Four Mile township depicts it has a median home price of $100,900 which is more than all other places in the greater Four Mile township region.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Four Mile township has the percentage of home price worth less than $50,000 the second smallest as measured by home price worth less than $50,000 of all the other places in the surrounding region at 17% of the total. Second, it has the second smallest when sorted by home price worth less than $50,000 of all the other places in the area when sorted by home price worth between $50,000 to $100,000 at 32% of the total. Third, it has the largest proportion of home price worth between $100,000 to $200,000 at 42% 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. Four Mile township depicts it has a median ownership cost of $643 which is the second most of all the places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Four Mile township metro area. it has a cost as a percent of household income of 16% which is less than most 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. Four Mile township indicates it has a median home value as a percent of median worker earnings of 267% which is ranked #1 of all places in the metro 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.) Four Mile township depicts it has a median housing cost of $760 which is the second smallest as measured by median housing cost of all the other places in the surrounding 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 housing cost of $570 which is more than all other places in the greater Four Mile township region.

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. Four Mile township has the percentage of owner cost less than $300 the second smallest when ranked by owner cost less than $300 of all the other places in the greater region at 2% of the total. Second, it has in the mid range of other places in the surrounding region when ranked by owner cost between $300 and $500 at 23% of the total. Third, it has the largest proportion of owner cost between $500 and $700 at 47% of the total and is ranked #1. Also, it has the smallest proportion of owner cost between $700 and $1,000 at 16% of the total. In addition, it has the largest proportion of owner cost between $1,500 and $2,000 at 5% of the total and is ranked #1.

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.) Four Mile township shows it has a cost as a percent of household income of 31% which is the largest of all places in the greater Four Mile township region. 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. Four Mile township shows it has a cost as a percent of household income of 12% which is the second smallest when ranked by cost as a percent of household income of all the other places in the area. 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 26% (about twice as large).

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.) Four Mile township has the largest proportion of rent as a percent of income is between 40pct to 50pct at 60% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Four Mile township has the largest proportion of housing cost between $500 and $700 at 49% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $700 and $1,000 at 16% of the total. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 4% of the total and is ranked #1.

Figure 22 shows the percentage of renters who pay for utilities in Four Mile township Illinois. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Four Mile township has the largest proportion of pay extra for utilities at 100% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Four Mile township Illinois has the largest proportion of rent between 500 and 750 dollars at 80% of the total and is ranked #1.

Four Mile township Illinois Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Four Mile township has the percentage of with mortgage in the mid point range of other places in the area at 40% of the total. Second, it has in the mid range of other places in the greater region as measured by no mortgage at 60% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Four Mile township has the percentage of houses with mortgages in the mid range of other places in the surrounding region at 40% of the total. Second, it has in the mid range of other places in the greater region in terms of houses without mortgages at 60% of the total.

Four Mile township Illinois Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.5 which is the smallest in terms of family members per housing unit of all the other places in the greater region. The city with the highest family members per housing unit in the area is Bluford which shows a family members per housing unit of 3.3 (33.7% larger). Comparing family members per housing unit to the United States average of 3.3, Four Mile township is approximately three-fourths the size. Also, benchmarked against the state of Illinois, family members per housing unit of 3.3, Four Mile township is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 5.9 which is the second most average number of rooms in a house of all the places in the greater Four Mile township region. The city with the highest average number of rooms in a house in the area is Belle Prairie City which shows an average number of rooms in a house of 6.5 (10.2% 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 year built of 1979 which is the second most year built of all the places in the greater Four Mile township region. The city with the highest year built in the area is Belle Rive which shows a year built of 1983 ( about the same size).

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 4% of the total and is ranked #1. Second, it has the largest proportion of homes built between 1980 to 1989 at 19% of the total and is ranked #1. Third, it has one of the largest proportions of homes built between 1939 or earlier at 26% of the total and is ranked #2. The only larger city being Sims with 27%.

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 194 of the total and is ranked #3. Only #2 Bluford (204), and #1 Wayne City (306) are larger. Second, it has in the middle range of other places in the surrounding region when ranked by renter housing units at 10 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has one of the largest proportions of mobile home at 37% of the total and is ranked #3. Only #2 Sims (40%), and #1 Keenes (46%) are larger.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 1980 to 1989 at $65,600 of the total and is ranked #2. The only larger city being Wayne City with $107,100. Second, it has the largest proportion of value of homes built 1970 to 1979 at $157,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1960 to 1969 at $106,300 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1950 to 1959 at $95,000 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1939 or earlier at $111,400 of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 96% of the total and is ranked #2. The only larger city being Belle Prairie City with 100%. Second, it has the second smallest as measured by occupied housing units of all the other places in the area when sorted by vacant housing units at 4% of the total.

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 Four Mile township residents. it has a homeowner household size of 2.2 which is the second smallest in terms of homeowner household size of all the other places in the local area. The city with the highest homeowner household size in the area is Bluford which depicts a homeowner household size of 2.7 (20.8% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2015 to 2016 at 13% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 4% of the total. Third, it has the largest proportion of owners moved in 1990 to 1999 at 27% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Four Mile township has one of the largest proportions of renters moved in 2015 to 2016 at 40% of the total and is ranked #3. Only #2 Belle Rive (56%), and #1 Keenes (100%) are larger. Second, it has the largest proportion of renters moved in 1989 or earlier at 60% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1994 which is the second smallest when sorted by median year that a home owner moved in of all the other places in the local area. Figure 41 compares the median year that renters moved into their home. Four Mile township depicts it has a median year that a renter moved in of 1989 which is the second smallest in order of median year that a renter moved in of all the other places in the area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas the second smallest when sorted by homes using natural gas of all the other places in the local area at 39% of the total. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 31% of the total and is ranked #2. The only larger city being Belle Prairie City with 67%.