Wonder Lake, IL Real Estate
According to census data in the year 2000 there were 3,049 housing units in Wonder Lake.
This represents a 11.1% growth from 2,745 in 1990.
Of those housing units, 2,793 were located in either urbanized areas or urban clusters, and 256 were located in what is classified as a rural area.
Homeownership rate in Wonder Lake is about 85.9%.
Wonder Lake's vacancy rate, including seasonal lodging, is about 11.1%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Wonder Lake were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.50% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $120,400 |
| Median Price asked for vacant units | $78,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $943 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.10% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 59.70% |
| Debt Free | 21.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
