Mundelein, IL Real Estate
According to census data in the year 2000 there were 10,148 housing units in Mundelein.
This represents a 37.2% growth from 7,397 in 1990.
Of those housing units, 10,142 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Mundelein is about 79.9%.
Mundelein's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 3.09 people.
The majority of houses, apartments or condos in Mundelein were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 8.40% |
| Two Bedrooms | 22.10% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 24.50% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $164,300 |
| Median Price asked for vacant units | $148,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.02 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $742 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 13.70% |
| Simple Mortgage | 66.30% |
| Debt Free | 13.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
