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Arcola, Illinois Mortgage and Housing Information

Population: 2,652
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$9,999

Value of Houses and Condos

A comparison of the average prices of homes in Arcola, Illinois and the U.S.
U.S.IllinoisArcola
Median home value
in year 2000
$111,800$127,800$69,200

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.IllinoisArcola
With a mortgage$1,088$1,198$769
Without a mortgage$295$353$320

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Arcola (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage25737.1%
First Mortgage Only37554.2%
Second Mortgage and/or Home Equity Loan608.7%
Total692100%

Tenancy in Arcola

How many people in Arcola live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes777
Renter-occupied homes254
Homes for sale7
Homes for rent11
Total1,080

Age of Arcola Residents

Median age for males and females (2000).
Males 35
Females 39

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.IllinoisArcola
Median Earnings$23,755$25,890$22,351
Median Earnings, Males$29,458$32,016$26,908
Median Earnings, Females$18,957$20,364$16,348

Males earn $10,560 (64.6%) more than Females in Arcola.

Commuting in Arcola

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo956
Carpooled169
Public Transit8
Bicycle2
Walking100
Other Means2
Total, Commuted1,237
Worked from home56
Total1,293

Time Spent Commuting in Arcola

Time spent commuting in Arcola
Time spent in minutesNumber of People
Less than 5220
5-9374
10-14153
15-19125
20-24129
25-2952
30-3460
35-3915
40-4434
45-5949
60-8926
Over 900

Education

Level of higher education for people over 25 years in Arcola (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College15118.5%17521.4%
Associate Degree273.3%809.8%
Bachelor's Degree819.9%617.5%
Master's Degree364.4%334.0%
Professional Degree30.4%50.6%
Doctorate Degree40.5%00.0%
Total (at least some college)30237.0%35440.0%
Total over 25817100%886100%

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