Lake in the Hills, IL Real Estate
According to census data in the year 2000 there were 7,857 housing units in Lake in the Hills.
This represents a 305.4% growth from 1,938 in 1990.
Of those housing units, 7,839 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.
Homeownership rate in Lake in the Hills is about 93.5%.
Lake in the Hills's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 3.07 people.
The majority of houses, apartments or condos in Lake in the Hills were built after 1995.
|Housing Units by Size|
|Five Bedrooms or more||2.70%|
Owned Homes, Apartments and Condos
|Average Household Size||3.09|
|Median year structure was built||1995|
|Median Value of occupied units||$168,700|
|Median Price asked for vacant units||$158,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1993|
|Median Monthly Rent asked for vacant units||$1,125|
Owners Finance Status
|Second Mortgage & Equity Loan||0.90%|
|Home Equity Loan||11.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.8%|