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La Grange Park, IL Real Estate


According to census data in the year 2000 there were 5,540 housing units in La Grange Park. This represents a 6.1% growth from 5,223 in 1990.

Of those housing units, 5,540 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in La Grange Park is about 71.5%. La Grange Park's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.38 people.

The majority of houses, apartments or condos in La Grange Park were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom12.70%
Two Bedrooms28.30%
Three Bedrooms43.30%
Four Bedrooms11.50%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1953
Median Value of occupied units$205,100
Median Price asked for vacant units$151,800

Rented Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1959
Median Monthly Rent asked for vacant units$739

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage3.80%
Home Equity Loan13.40%
Simple Mortgage47.80%
Debt Free34.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%