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Arlington Heights, IL Real Estate


According to census data in the year 2000 there were 31,713 housing units in Arlington Heights. This represents a 4.2% growth from 30,428 in 1990.

Of those housing units, 31,713 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Arlington Heights is about 76.7%. Arlington Heights's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Arlington Heights were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom15.90%
Two Bedrooms26.10%
Three Bedrooms31.50%
Four Bedrooms21.60%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1968
Median Value of occupied units$240,600
Median Price asked for vacant units$226,700

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1976
Median Monthly Rent asked for vacant units$953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.50%
Home Equity Loan11.20%
Simple Mortgage54.80%
Debt Free29.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%