Patoka township Illinois Area Home Supply Charts

This page looks at a variety of Patoka 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. Patoka township shows it has a housing units of 528 which is the second most housing units of all the places in the greater Patoka township region.

Figure 2 illustrates the housing density in the Patoka township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Patoka township shows it has a housing density of 15.1 which is the smallest in terms of housing density of all the other places in the area. The city with the highest housing density in the area is Sandoval which shows a density of 585.9 ( markedly bigger). Comparing housing density to the United States average of 38.6, Patoka township is approximately half the size. Also, in comparison with the state of Illinois, housing density of 96.2, Patoka township is approximately a sixth the size.

In Figure 4, Patoka township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Patoka township shows it has a change in the housing units of 1.0% which is the third most of all other places in the metro area. The city with the highest change in the housing units in the area is Vernon which depicts a housing units of 5.2% ( very much bigger). Comparing change in the housing units to the United States average of 4.9%, Patoka township is approximately a fifth the size. Also, measured against the state of Illinois, change in the housing units of 1.0%, Patoka township is about the same 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.) Patoka township shows it has a renter percent of 13.6% which is the second smallest when sorted by renter percent of all the other places in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 86.4% which is the second most owner percent of all the places in the greater Patoka township region.

Patoka township Illinois Home Cost Charts

Looking at the housing data provided in Figure 7, the average Patoka township home price is illustrated for this community and a useful analysis of affordable housing. Patoka township shows it has a median home price of $76,800 which is the largest of all places in the greater Patoka township region. Figure 8 provides aggregate comparative data for the Patoka township Illinois metro area in terms of the median housing rental rate, apartment rent, etc. Patoka township shows it has a rental rates of $536 which is less than most other places in the area. The city with the highest rental rates in the area is Odin which shows a rental rates of $653 (21.8% larger). Comparing rental rates to the United States average of $1,023, Patoka township is approximately half the size. Also, measured against the state of Illinois, rental rates of $984, Patoka township is approximately half the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Patoka township has the percentage of home price worth less than $50,000 the second smallest in order of home price worth less than $50,000 of all the other places in the surrounding region at 30% of the total. Second, it has the largest proportion of home price worth between $100,000 to $200,000 at 29% 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. Patoka township shows it has a median ownership cost of $655 which is more than all other places in the greater Patoka township region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Patoka township metro area. it has a cost as a percent of household income of 16% which is the second most cost as a percent of household income of all the places in the greater Patoka township 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. Patoka township depicts it has a median home value as a percent of median worker earnings of 210% which is more than all other places in the greater Patoka township 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.) Patoka township indicates it has a median housing cost of $975 which is the highest of all places in the greater Patoka 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 $410 which is more than all other places in the greater 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. Patoka township has the smallest proportion of owner cost less than $300 at 10% of the total. Second, it has in the middle range of other places in the greater region when sorted by owner cost between $300 and $500 at 24% of the total. Third, it has one of the largest proportions of owner cost between $500 and $700 at 26% of the total and is ranked #2. The only larger city being Patoka with 26%. Also, it has the largest proportion of owner cost between $1,000 and $1,500 at 18% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $1,500 and $2,000 at 7% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $3,000 and $3,500 at 1% of the total and is ranked #1. Next it has the largest proportion of owner cost between $3,500 and $4,000 at 1% 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.) Patoka township shows it has a cost as a percent of household income of 17% which is less than most other places in the greater region. The city with the highest cost as a percent of household income in the area is Vernon which shows a cost as a percent of household income of 29% (69.4% 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. Patoka township shows it has a cost as a percent of household income of 13% which is ranked #1 of all places in the greater Patoka township region.

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.) Patoka township has the largest proportion of rent as a percent of income is less than 10 pct at 19% of the total and is ranked #1. Second, it has in the middle range of other places in the local area when sorted by rent as a percent of income is between 10pct to 20pct at 20% of the total. Third, it has the second smallest as measured by rent as a percent of income is less than 10 pct of all the other places in the local area when ranked by rent as a percent of income is over 50pct at 5% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Patoka township has the smallest proportion of housing cost less than $300 at 10% of the total. Second, it has the largest proportion of housing cost between $1,500 and $2,000 at 6% of the total and is ranked #1. Third, it has the largest proportion of housing cost over $3,000 at 1% 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 $1,323 which is the largest of all places in the greater Patoka township region. Comparing median real estate taxes paid to the United States average of $2,375, Patoka township is approximately half the size. Also, compared with the state of Illinois, median real estate taxes paid of $4,299, Patoka township is approximately a third the size.

Figure 22 shows the percentage of renters who pay for utilities in Patoka 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. Patoka 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. Patoka township Illinois has the percentage of rent between 300 and 500 dollars in the center range of other places in the greater region at 8% of the total.

Patoka township Illinois Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Patoka township has the percentage of no mortgage less than most other places in the local area at 43% of the total.

Patoka 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 3.0 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 Patoka which depicts a family members per housing unit of 3.2 (7.2% larger). Comparing family members per housing unit to the United States average of 3.3, Patoka township is about 10.1% smaller. Also, in contrast to the state of Illinois, family members per housing unit of 3.3, Patoka township is about 10.1% 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 5.6 which is the largest of all places in the greater Patoka township region. 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 1972 which is the highest of all places in the metro area.

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 2% of the total and is ranked #1. Second, it has one of the largest proportions of homes built between 1940 to 1949 at 9% of the total and is ranked #2. The only larger city being Alma with 17%. Third, it has the second smallest when sorted by homes built in 2014 or later of all the other places in the local area in order of homes built between 1939 or earlier at 23% 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 the largest proportion of owner housing units at 375 of the total and is ranked #1. Second, it has in the middle range of other places in the local area when sorted by renter housing units at 59 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 one unit detached at 77% of the total and is ranked #1. Second, it has less than most other places in the area in terms of mobile home at 20% of the total.

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 2000 to 2009 at $105,400 of the total and is ranked #2. The only larger city being Odin with $112,500. Second, it has the largest proportion of value of homes built 1990 to 1999 at $113,000 of the total and is ranked #1. Third, it has one of the largest proportions of value of homes built 1980 to 1989 at $69,000 of the total and is ranked #2. The only larger city being Patoka with $70,000. Also, it has the largest proportion of value of homes built 1970 to 1979 at $90,000 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $64,400 of the total and is ranked #1. Furthermore, it has one of the largest proportions of value of homes built 1950 to 1959 at $60,900 of the total and is ranked #2. The only larger city being Patoka with $63,200. Next it has one of the largest proportions of value of homes built 1940 to 1949 at $66,700 of the total and is ranked #2. The only larger city being Keyesport with $135,000. Additionally, it has less than most other places in the surrounding region in terms of value of homes built 1939 or earlier at $49,200 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 Patoka township residents. it has a homeowner household size of 2.7 which is the second most homeowner household size of all the places in the greater Patoka township region. The city with the highest homeowner household size in the area is Patoka which shows a homeowner household size of 2.8 (only about 3.0% larger).

Figure 37 shows the household size for renters. Patoka township depicts it has a renter household size of 2.6 which is in the middle range of other places in the greater region. The city with the highest renter household size in the area is Vernon which depicts a renter household sizes of 4.4 (71.9% 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 11% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Patoka township has one of the largest proportions of renters moved in 2017 or later at 7% of the total and is ranked #2. The only larger city being Patoka with 10%. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 39% of the total and is ranked #3. Only #2 Patoka (41%), and #1 Odin (43%) are larger. Third, it has the second smallest in order of renters moved in 2017 or later of all the other places in the area in order of renters moved in 2010 to 2014 at 32% of the total.

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 2002 which is less than most other places in the local area. Figure 41 compares the median year that renters moved into their home. Patoka township depicts it has a median year that a renter moved in of 2015 which is more than all other places in the greater Patoka township 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 55% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 21% of the total and is ranked #1.