Northlake, IL Real Estate
According to census data in the year 2000 there were 3,958 housing units in Northlake.
This represents a 8.9% decline from 4,344 in 1990.
Of those housing units, 3,958 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Northlake is about 77.3%.
Northlake's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.96 people.
The majority of houses, apartments or condos in Northlake were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 20.20% |
| Two Bedrooms | 14.10% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 17.10% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.22 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $136,800 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $585 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 49.40% |
| Debt Free | 31.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
