La Grange, IL Real Estate
According to census data in the year 2000 there were 5,830 housing units in La Grange.
This represents a 3.5% growth from 5,635 in 1990.
Of those housing units, 5,830 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 is about 81.6%.
La Grange's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in La Grange were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 6% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 21.40% |
| Five Bedrooms or more | 7.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $271,800 |
| Median Price asked for vacant units | $271,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $710 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 14.10% |
| Simple Mortgage | 52.80% |
| Debt Free | 27.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
