Barrington, IL Real Estate
According to census data in the year 2000 there were 3,860 housing units in Barrington.
This represents a 5.5% growth from 3,660 in 1990.
Of those housing units, 3,860 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Barrington is about 78.3%.
Barrington's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Barrington were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 7.50% |
| Two Bedrooms | 20.10% |
| Three Bedrooms | 26.60% |
| Four Bedrooms | 33.60% |
| Five Bedrooms or more | 11.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $329,900 |
| Median Price asked for vacant units | $234,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $708 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 13.70% |
| Simple Mortgage | 52.10% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
