Walnut Hill Illinois Area Home Supply Charts

This page looks at a variety of Walnut Hill 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. Walnut Hill shows it has a Housing Units of 50 which is the smallest when ranked by housing units of all the other places in the surrounding region.

Figure 2 illustrates the housing density in the Walnut Hill housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Walnut Hill depicts it has a Housing Density of 134.9 which is less than most other places in the local area. The city with the highest housing density in the area is Central City which depicts a density of 1156.2 ( very much bigger). Comparing housing density to the United States average of 38.9, Walnut Hill is approximately 3.5 times bigger. Also, measured against the state of Illinois, housing density of 96.4, Walnut Hill is 40.0% larger.

In Figure 4, Walnut Hill area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Walnut Hill depicts it has a Housing Unit Change of -3.8% which is less than most other places in the metropolitan area. The city with the highest change in the housing units in the area is Central City which depicts a housing units of 21.0% ( considerably bigger). Comparing change in the housing units to the United States average of 5.7%, Walnut Hill is about the same size. Also, compared with the state of Illinois, change in the housing units of 1.2%, Walnut Hill is approximately 3.2 times 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.) Walnut Hill indicates it has a Renter Percent of 28.3% which is less than most other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 71.7% which is the third most of all other places in the metropolitan area.

Walnut Hill Illinois Home Cost Charts

Looking at the housing data provided in Figure 7, the average Walnut Hill home price is illustrated for this community and a useful analysis of affordable housing. Walnut Hill depicts it has a Median Home Value of $53,000 which is less than most other places in the metro area. The city with the highest median home price in the area is Irvington which depicts a home price of $78,900 (48.9% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Walnut Hill has the percentage of home price worth less than $50,000 in the center range of other places in the local area at 36% of the total.

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. Walnut Hill shows it has a Median Owner Cost of $550 which is in the middle range of other places in the surrounding region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Walnut Hill metro area. it has a Owner Cost as % of HH Income of 9% which is the smallest in order of cost as a percent of household income of all the other places in the metro 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. Walnut Hill depicts it has a Median Home Value as Percent of Median Earnings of 170% which is less than most other places in the 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.) Walnut Hill shows it has a Median Owner Costs-With Mortgage of $867 which is less than most 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 Owner Costs-Without Mortgage of $369 which is the third most median housing cost of all other places in the greater Walnut Hill 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. Walnut Hill has one of the largest proportions of owner cost less than $300 at 55% of the total and is ranked #2. The only larger city being Kell with 79%. Second, it has the smallest proportion of owner cost between $300 and $500 at 3% of the total. Third, it has the largest proportion of owner cost between $500 and $700 at 42% of the total and is ranked #1. Also, it has the second smallest when ranked by owner cost less than $300 of all the other places in the greater region in order of owner cost between $700 and $1,000 at 6% of the total.

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.) Walnut Hill shows it has a % of Income Owner Costs-With Mortgage of 36% which is at the top of all other places in the greater Walnut Hill 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. Walnut Hill depicts it has a % of Income Owner Costs-No Mortgage of 9% which is the second smallest when sorted by cost as a percent of household income of all the other places in the local area. The city with the highest cost as a percent of household income in the area is Dix which depicts a cost as a percent of household income of 15% (68.9% 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.) Walnut Hill has the percentage of rent as a percent of income is less than 10 pct the second smallest when ranked by rent as a percent of income is less than 10 pct of all the other places in the local area at 8% 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 $650 which is less than most other places in the local area. The city with the highest median real estate taxes paid in the area is Irvington which shows a taxes paid of $1,837 (approximately 2.8 times bigger). Comparing median real estate taxes paid to the United States average of $2,471, Walnut Hill is approximately a quarter the size. Also, measured against the state of Illinois, median real estate taxes paid of $4,419, Walnut Hill is approximately a sixth the size.

Walnut Hill Illinois Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.6 which is the second most family members per housing unit of all the places in the greater Walnut Hill region. The city with the highest family members per housing unit in the area is Kell which depicts a family members per housing unit of 3.6 ( only slightly larger). Comparing family members per housing unit to the United States average of 3.3, Walnut Hill is 7.2% larger. Also, in contrast to the state of Illinois, family members per housing unit of 3.3, Walnut Hill is 7.5% larger.

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 5.0 which is less than most other places in the metropolitan area. The city with the highest average number of rooms in a house in the area is Irvington which depicts an average number of rooms in a house of 5.9 (18.0% 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 1967 which is in the center range of other places in the local area. The city with the highest year built in the area is Dix which depicts a year built of 1977 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 12% of the total and is ranked #2. The only larger city being Kell with 12%. Second, it has one of the largest proportions of homes built between 1980 to 1989 at 26% of the total and is ranked #2. The only larger city being Dix with 28%. Third, it has the largest proportion of homes built between 1950 to 1959 at 22% of the total and is ranked #1.

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 the second smallest when ranked by owner-occupied housing units of all the other places in the metropolitan area at 13 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the percentage of 50 or more units in the mid range of other places in the greater region at 28% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2000 to 2009 in the mid point range of other places in the metropolitan area at $50,000 of the total.

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 8% 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 Walnut Hill residents. it has a Owner-Household Size of 3.2 which is ranked #1 of all places in the greater Walnut Hill region.

Figure 37 shows the household size for renters. Walnut Hill depicts it has a Renter-Household Size of 1.9 which is the second smallest as measured by renter household size of all the other places in the surrounding region. The city with the highest renter household size in the area is Wamac which shows a renter household sizes of 2.7 (41.1% 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 36% of the total and is ranked #1. Second, it has the largest proportion of owners moved in 2010 to 2014 at 40% of the total and is ranked #1. Third, it has the second smallest when sorted by owners moved in 2017 or later of all the other places in the metropolitan area in terms of owners moved in 1990 to 1999 at 10% of the total. Figure 39 shows the year that people who rent moved into the area. Walnut Hill has the largest proportion of renters moved in 2017 or later at 56% of the total and is ranked #1. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 44% of the total and is ranked #2. The only larger city being Kell with 69%.

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 in the mid point range of other places in the metropolitan area. Figure 41 compares the median year that renters moved into their home. Walnut Hill shows it has a Renter Median Year Moved In of 2016 which is the largest of all places in the greater Walnut Hill region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 7% of the total.