Norridge, IL Real Estate
According to census data in the year 2000 there were 5,820 housing units in Norridge.
This represents a 4.8% growth from 5,552 in 1990.
Of those housing units, 5,820 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norridge is about 84.3%.
Norridge's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Norridge were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.80% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 55.80% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $200,500 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $692 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 37.60% |
| Debt Free | 51.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
