Nelson township Illinois Area Home Supply Charts

This page looks at a variety of Nelson 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. Nelson township shows it has a housing units of 442 which is in the mid range of other places in the greater region.

Figure 2 illustrates the housing density in the Nelson township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Nelson township shows it has a housing density of 19.6 which is the smallest when ranked by housing density of all the other places in the greater region. The city with the highest housing density in the area is Sterling which depicts a density of 1,219.4 ( appreciably bigger). Comparing housing density to the United States average of 38.6, Nelson township is approximately half the size. Also, compared with the state of Illinois, housing density of 96.2, Nelson township is approximately a fifth the size.

In Figure 4, Nelson township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Nelson township shows it has a change in the housing units of 0.7% which is the third most of all other places in the greater region. The city with the highest change in the housing units in the area is Sterling which depicts a housing units of 2.5% (approximately 3.7 times bigger). Comparing change in the housing units to the United States average of 4.9%, Nelson township is approximately a sixth the size. Also, in comparison with the state of Illinois, change in the housing units of 1.0%, Nelson township is approximately three-fourths the size.

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.) Nelson township depicts it has a renter percent of 13.2% which is the second smallest when ranked by renter percent of all the other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 86.8% which is the second most owner percent of all the places in the greater Nelson township region.

Nelson township Illinois Home Cost Charts

Looking at the housing data provided in Figure 7, the average Nelson township home price is illustrated for this community and a useful analysis of affordable housing. Nelson township indicates it has a median home price of $124,700 which is the second most of all the places in the surrounding region. The city with the highest median home price in the area is Como CDP which shows a home price of $147,200 (18.0% larger). Figure 8 provides aggregate comparative data for the Nelson township Illinois metro area in terms of the median housing rental rate, apartment rent, etc. Nelson township shows it has a rental rates of $656 which is the third most rental rates of all other places in the greater Nelson township region. The city with the highest rental rates in the area is Nelson which depicts a rental rates of $710 (8.2% larger). Comparing rental rates to the United States average of $1,023, Nelson township is approximately three-fourths the size. Also, measured against the state of Illinois, rental rates of $984, Nelson township 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. Nelson township has the smallest proportion of home price worth less than $50,000 at 2% 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 local area when sorted by home price worth between $50,000 to $100,000 at 32% of the total. Third, it has one of the largest proportions of home price worth between $100,000 to $200,000 at 45% of the total and is ranked #2. The only larger city being Como CDP with 61%. Also, it has the largest proportion of home price worth between $200,000 to $300,000 at 13% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $500,000 to $750,000 at 2% of the total and is ranked #1. Furthermore, it has the largest proportion of home price worth between $750,000 to $1,000,000 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. Nelson township shows it has a median ownership cost of $716 which is in the center range of other places in the metropolitan area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Nelson township metro area. it has a cost as a percent of household income of 15% which is less than most other places in the local area. 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. Nelson township depicts it has a median home value as a percent of median worker earnings of 240% which is in the mid range of other places in the greater region.

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.) Nelson township depicts it has a median housing cost of $1,274 which is the second most median housing cost of all the places in the greater Nelson township 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 $419 which is less than most other places in the metro 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. Nelson township has the percentage of owner cost less than $300 less than most other places in the local area at 6% of the total. Second, it has one of the largest proportions of owner cost between $300 and $500 at 26% of the total and is ranked #2. The only larger city being Nelson with 46%. Third, it has the second smallest as measured by owner cost less than $300 of all the other places in the metro area as measured by owner cost between $700 and $1,000 at 12% of the total. Also, it has the largest proportion of owner cost between $1,500 and $2,000 at 16% 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.) Nelson township indicates it has a cost as a percent of household income of 22% which is the third most cost as a percent of household income of all other places in the greater Nelson township region. The city with the highest cost as a percent of household income in the area is Nelson which depicts a cost as a percent of household income of 25% (14.2% 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. Nelson township depicts it has a cost as a percent of household income of 9% which is the second smallest when ranked by cost as a percent of household income of all the other places in the metro area. The city with the highest cost as a percent of household income in the area is Sterling which depicts a cost as a percent of household income of 13% (41.1% 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.) Nelson township has the largest proportion of rent as a percent of income is less than 10 pct at 24% of the total and is ranked #1. Second, it has less than most other places in the surrounding region in order of rent as a percent of income is between 10pct to 20pct at 13% of the total. Third, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 35% of the total and is ranked #2. The only larger city being Nelson with 70%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Nelson township has the largest proportion of housing cost between $300 and $500 at 29% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $500 and $700 at 17% of the total. Third, it has the smallest proportion of housing cost between $700 and $1,000 at 14% of the total. Also, it has the largest proportion of housing cost between $1,500 and $2,000 at 14% of the total and is ranked #1.

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 $2,240 which is the second most of all the places in the greater region. The city with the highest median real estate taxes paid in the area is Como CDP which shows a taxes paid of $3,175 (41.7% larger). Comparing median real estate taxes paid to the United States average of $2,375, Nelson township is about 6.0% smaller. Also, measured against the state of Illinois, median real estate taxes paid of $4,299, Nelson township is approximately half the size.

Figure 22 shows the percentage of renters who pay for utilities in Nelson 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. Nelson township has one of the largest proportions of pay extra for utilities at 96% of the total and is ranked #2. The only larger city being Harmon with 100%.

Figure 23 shows the rental rate distribution for this area. Nelson township Illinois has one of the largest proportions of rent between 300 and 500 dollars at 37% of the total and is ranked #2. The only larger city being Harmon with 56%. Second, it has one of the largest proportions of rent between 500 and 750 dollars at 43% of the total and is ranked #3. Only #2 Sterling (45%), and #1 Nelson (61%) are larger.

Nelson township Illinois Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Nelson township has one of the largest proportions of no mortgage at 44% of the total and is ranked #3. Only #2 Rock Falls (45%), and #1 Nelson (66%) are larger.

Nelson township Illinois Home Characteristics Charts

The next section of charts provide a wide range of metrics related to the housing market physical characteristics which can be useful for a real estate investor. Figure 27 looks at the number of people living in a typical house in the real estate market starting with the average household size (families and non families). Nelson township has the smallest proportion of housing density at 2.2 of the total. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.7 which is the second 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 Rock Falls which shows a family members per housing unit of 3.1 (16.1% larger). Comparing family members per housing unit to the United States average of 3.3, Nelson township is about 23.6% smaller. Also, compared to the state of Illinois, family members per housing unit of 3.3, Nelson township is about 23.6% smaller.

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 5.3 which is less than most other places in the area. The city with the highest average number of rooms in a house in the area is Como CDP which shows an average number of rooms in a house of 6.4 (20.8% 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 1971 which is the largest of all places in the greater Nelson township 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 between 2000 to 2009 at 11% of the total and is ranked #1. Second, it has one of the largest proportions of homes built between 1970 to 1979 at 24% of the total and is ranked #2. The only larger city being Harmon with 26%. Third, it has less than most other places in the metropolitan area as measured by homes built between 1960 to 1969 at 8% of the total. Also, it has less than most other places in the greater region when ranked by homes built between 1940 to 1949 at 6% of the total. In addition, it has the second smallest when sorted by homes built in 2014 or later of all the other places in the surrounding region in terms of homes built between 1939 or earlier at 16% 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. has the percentage of owner housing units in the mid range of other places in the metropolitan area at 303 of the total. Second, it has in the center range of other places in the greater region when ranked by renter housing units at 46 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 the largest proportion of mobile home at 6% of the total and is ranked #1.

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 2000 to 2009 at $168,000 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 1980 to 1989 at $150,000 of the total and is ranked #2. The only larger city being Como CDP with $168,800. Third, it has in the intermediate range of other places in the metro area in order of value of homes built 1970 to 1979 at $89,800 of the total. Also, it has one of the largest proportions of value of homes built 1960 to 1969 at $121,900 of the total and is ranked #2. The only larger city being Harmon with $125,000. In addition, it has the largest proportion of value of homes built 1950 to 1959 at $181,300 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1939 or earlier at $106,600 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. has the smallest proportion of occupied housing units at 79% of the total. Second, it has the largest proportion of vacant housing units at 21% of the total and is ranked #1.

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 Nelson township residents. it has a homeowner household size of 2.2 which is the smallest when sorted by homeowner household size of all the other places in the greater region. The city with the highest homeowner household size in the area is Como CDP which depicts a homeowner household size of 2.7 (23.5% larger).

Figure 37 shows the household size for renters. Nelson township depicts it has a renter household size of 2.1 which is the third most of all other places in the metro area. The city with the highest renter household size in the area is Rock Falls which depicts a renter household sizes of 2.4 (9.8% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2010 to 2014 less than most other places in the local area at 9% of the total. Second, it has the largest proportion of owners moved in 2000 to 2009 at 44% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Nelson township has one of the largest proportions of renters moved in 2017 or later at 11% of the total and is ranked #3. Only #2 Rock Falls (12%), and #1 Nelson (20%) are larger. Second, it has less than most other places in the greater region in terms of renters moved in 2015 to 2016 at 3% of the total. Third, it has the second smallest as measured by renters moved in 2017 or later of all the other places in the area as measured by renters moved in 2010 to 2014 at 20% of the total. Also, it has the largest proportion of renters moved in 2000 to 2009 at 51% of the total and is ranked #1. In addition, it has the largest proportion of renters moved in 1989 or earlier at 12% 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 2000 which is in the mid range of other places in the area. Figure 41 compares the median year that renters moved into their home. Nelson township shows it has a median year that a renter moved in of 2006 which is the second smallest as measured by median year that a renter moved in of all the other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of home using bottled, tank, or lp gas at 12% of the total and is ranked #1.