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 Units by Size|
|Five Bedrooms or more||4.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1983|
|Median Value of occupied units||$223,300|
|Median Price asked for vacant units||$313,400|
Rented Homes, Apartments and Condos
|Average Household Size||1.87|
|Median year structure was built||1981|
|Median Monthly Rent asked for vacant units||$877|
Owners Finance Status
|Second Mortgage & Equity Loan||1%|
|Home Equity Loan||13%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.3%|