Schaumburg, IL Real Estate
According to census data in the year 2000 there were 33,073 housing units in Schaumburg.
This represents a 12.1% growth from 29,499 in 1990.
Of those housing units, 33,073 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Schaumburg is about 69.4%.
Schaumburg's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Schaumburg were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 16.60% |
| Two Bedrooms | 38.20% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $178,200 |
| Median Price asked for vacant units | $185,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $955 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 62.40% |
| Debt Free | 18.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
