Loves Park, IL Real Estate

According to census data in the year 2000 there were 8,438 housing units in Loves Park. This represents a 31.2% growth from 6,430 in 1990.

Of those housing units, 8,406 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.

Homeownership rate in Loves Park is about 70.4%. Loves Park's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Loves Park were built after 1974.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom7.50%
Two Bedrooms36.10%
Three Bedrooms44.10%
Four Bedrooms10.40%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1970
Median Value of occupied units$88,800
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1979
Median Monthly Rent asked for vacant units$578

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage8.70%
Home Equity Loan12.30%
Simple Mortgage52.50%
Debt Free26.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%