Morton Grove, IL Real Estate
According to census data in the year 2000 there were 8,299 housing units in Morton Grove.
This represents a 0.7% growth from 8,242 in 1990.
Of those housing units, 8,299 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Morton Grove is about 94.5%.
Morton Grove's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Morton Grove were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||3.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.71|
|Median year structure was built||1958|
|Median Value of occupied units||$217,100|
|Median Price asked for vacant units||$162,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$1,125|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||10.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|