Highland, IL Real Estate
According to census data in the year 2000 there were 3,590 housing units in Highland.
This represents a 17.8% growth from 3,047 in 1990.
Of those housing units, 3,521 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Highland is about 68.7%.
Highland's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Highland were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 12.30% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $90,400 |
| Median Price asked for vacant units | $86,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.61 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $456 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 49.60% |
| Debt Free | 38% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
