Highwood, IL Real Estate
According to census data in the year 2000 there were 1,589 housing units in Highwood.
This represents a 24.4% decline from 2,101 in 1990.
Of those housing units, 1,589 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Highwood is about 43.4%.
Highwood's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Highwood were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.20% |
| One Bedroom | 17.70% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 32.40% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $229,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.70% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 38.50% |
| Debt Free | 50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
