Highland Park, IL Real Estate
According to census data in the year 2000 there were 11,921 housing units in Highland Park.
This represents a 4.2% growth from 11,436 in 1990.
Of those housing units, 11,921 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Highland Park is about 81.9%.
Highland Park's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Highland Park were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.20% |
| Two Bedrooms | 17.20% |
| Three Bedrooms | 33.90% |
| Four Bedrooms | 28% |
| Five Bedrooms or more | 12.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $380,000 |
| Median Price asked for vacant units | $377,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $1,045 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 6% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 49.50% |
| Debt Free | 31% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
