Frankfort Square, IL Real Estate
According to census data in the year 2000 there were 2,398 housing units in Frankfort Square.
This represents a 26.7% growth from 1,892 in 1990.
Of those housing units, 2,398 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Frankfort Square is about 95.5%.
Average household size is 3.33 people.
The majority of houses, apartments or condos in Frankfort Square were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.30% |
| Two Bedrooms | 12.20% |
| Three Bedrooms | 64.80% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.4 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $153,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1976 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.70% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 16.80% |
| Simple Mortgage | 65% |
| Debt Free | 8.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
