Burr Ridge, IL Real Estate
According to census data in the year 2000 there were 3,600 housing units in Burr Ridge.
This represents a 35.5% growth from 2,657 in 1990.
Of those housing units, 3,600 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Burr Ridge is about 96.5%.
Burr Ridge's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Burr Ridge were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 1.70% |
| Two Bedrooms | 13.30% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 36.80% |
| Five Bedrooms or more | 16.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $477,800 |
| Median Price asked for vacant units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.47 |
| Median year structure was built | 1986 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 58.60% |
| Debt Free | 23.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
