Vernon Hills, IL Real Estate

According to census data in the year 2000 there were 7,951 housing units in Vernon Hills. This represents a 31.3% growth from 6,057 in 1990.

Of those housing units, 7,905 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.

Homeownership rate in Vernon Hills is about 79.8%. Vernon Hills's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Vernon Hills were built after 1982.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom7.60%
Two Bedrooms33.40%
Three Bedrooms27%
Four Bedrooms26.30%
Five Bedrooms or more4.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1983
Median Value of occupied units$223,300
Median Price asked for vacant units$313,400

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1981
Median Monthly Rent asked for vacant units$877

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage6.30%
Home Equity Loan13%
Simple Mortgage71.60%
Debt Free8.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.3%