Grayslake, IL Real Estate
According to census data in the year 2000 there were 6,633 housing units in Grayslake.
This represents a 119.7% growth from 3,019 in 1990.
Of those housing units, 6,611 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Grayslake is about 78.4%.
Grayslake's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Grayslake were built after 1991.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1992|
|Median Value of occupied units||$192,900|
|Median Price asked for vacant units||$210,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.03|
|Median year structure was built||1979|
|Median Monthly Rent asked for vacant units||$825|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||13.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.7%|