Lombard, IL Real Estate
According to census data in the year 2000 there were 16,939 housing units in Lombard.
This represents a 6.9% growth from 15,848 in 1990.
Of those housing units, 16,939 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lombard is about 75%.
Lombard's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Lombard were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 14.20% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 36.30% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $168,500 |
| Median Price asked for vacant units | $158,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $843 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 14.10% |
| Simple Mortgage | 54.90% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
