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Northbrook, IL Real Estate


According to census data in the year 2000 there were 12,484 housing units in Northbrook. This represents a 6.9% growth from 11,673 in 1990.

Of those housing units, 12,484 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Northbrook is about 91.6%. Northbrook's vacancy rate, including seasonal lodging, is about 2.2%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Northbrook were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom5%
Two Bedrooms18%
Three Bedrooms31.10%
Four Bedrooms34.70%
Five Bedrooms or more10.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1969
Median Value of occupied units$370,800
Median Price asked for vacant units$466,700

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1968
Median Monthly Rent asked for vacant units$1,313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.40%
Home Equity Loan10%
Simple Mortgage52.10%
Debt Free32.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%