Riverwoods, IL Real Estate
According to census data in the year 2000 there were 1,246 housing units in Riverwoods.
This represents a 36.5% growth from 913 in 1990.
Of those housing units, 1,246 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Riverwoods is about 97.1%.
Riverwoods's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 3.03 people.
The majority of houses, apartments or condos in Riverwoods were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.20% |
| Two Bedrooms | 5.40% |
| Three Bedrooms | 29.70% |
| Four Bedrooms | 43% |
| Five Bedrooms or more | 19.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $522,200 |
| Median Price asked for vacant units | $527,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1954 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 15.70% |
| Simple Mortgage | 59.50% |
| Debt Free | 20.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
