Rolling Meadows, IL Real Estate
According to census data in the year 2000 there were 9,098 housing units in Rolling Meadows.
This represents a 6% growth from 8,584 in 1990.
Of those housing units, 9,098 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rolling Meadows is about 76.8%.
Rolling Meadows's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Rolling Meadows were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 11.60% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $176,600 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $870 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 54% |
| Debt Free | 26.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
