River Grove, IL Real Estate
According to census data in the year 2000 there were 4,484 housing units in River Grove.
This represents a 1.2% growth from 4,433 in 1990.
Of those housing units, 4,484 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in River Grove is about 58.6%.
River Grove's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in River Grove were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 19.60% |
| Two Bedrooms | 41.80% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 5.60% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $149,800 |
| Median Price asked for vacant units | $76,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $648 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 50.70% |
| Debt Free | 35.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
