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Indian Head Park, IL Real Estate


According to census data in the year 2000 there were 1,782 housing units in Indian Head Park. This represents a 17.4% growth from 1,518 in 1990.

Of those housing units, 1,782 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Indian Head Park is about 95.3%. Indian Head Park's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Indian Head Park were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom3.90%
Two Bedrooms40%
Three Bedrooms41.60%
Four Bedrooms11.40%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1978
Median Value of occupied units$230,200

Rented Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1976

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan8.50%
Simple Mortgage54.20%
Debt Free35%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%