McHenry, IL Real Estate
According to census data in the year 2000 there were 8,129 housing units in McHenry.
This represents a 31.7% growth from 6,171 in 1990.
Of those housing units, 8,102 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in McHenry is about 76.6%.
McHenry's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in McHenry were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 10.90% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 17.20% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $150,000 |
| Median Price asked for vacant units | $115,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $751 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 59.30% |
| Debt Free | 22.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
