Chicago Illinois Real Estate
Chicago, Illinois, is located in Cook County, of , and of , . Chicago has a population of 2,896,016.
Chicago Homes
Chicago properties pool is 1,061,921 residential properties including Chicago new homes. Median age of real estate in Chicago is 1948. Average Household size is 3.5 people. 9% are one bedroom homes, 31% are 2 bedroom homes, 40% are 3 bedroom homes, 13% are 4 bedroom homes, and 6% are 5+ bedroom homes.
Chicago Mortgage Statistics
Chicago mortgages vs. USA median statistics
Homes |
Chicago |
USA |
Homes With No Mortgage |
32% |
30% |
Homes With Mortgage |
68% |
70% |
First Mortgage Only |
53% |
54% |
First & Second Mortgage or HELOC |
15% |
16% |
Chicago Area Real Estate Tax
Chicago Real estate Tax: Median Real Estate Taxes (2000) were $1,784 comparing to 1999 Median Family income $ 42,724. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Chicago School District: Children make up 26.2% of Chicago population. Chicago has 759,840 under 18 years old residents, or 0.64 kids per one worker, or 0.72 kids per one household.
Chicago Real Estate & Chicago Homeownership
There are 350433.93 or 33% one person households, 276099.46 or 26% two person households, and 159288.15 or 15% three person households in Chicago, Illinois. Median residents age is 31.5, Senior citizens (65+) make up 298,803 or 10.3%% of Chicago population.
There are 1,192,139 workers (over 16 years of age) in Chicago. Of these, 64.62% drive to work. Approximately 26.08% of workers in Chicago take public transportation. An estimated 5.67% walk to work.
Median Chicago homeowner's housing expences are 20.5%
Crime in Chicago (2003), crimes per 10,000 residents per year
Type of Crime |
Chicago |
USA, 2003 |
Violent Crimes |
NaN |
47.5 |
Robberies |
59.74 |
14.2 |
Aggravated Assaults |
68.31 |
29.5 |
Property Crimes |
499.38 |
358.8 |
Burglaries |
86.55 |
74.0 |
Larceny-Thefts |
334.18 |
241.5 |
Motor Vehicle Thefts |
78.66 |
43.3 |
Invest in Chicago Properties
When making a decision about buying real estate in Chicago Illinois area, you should consider following statistical data:
Category |
Chicago |
USA |
Near Medium City |
|
- |
Near Large City |
|
- |
Chicago Zip Codes |
60601, 60602, 60603, 60604, 60605, 60606, 60607, 60608, 60609, 60610, 60611, 60612, 60613, 60614, 60615, 60616, 60617, 60618, 60619, 60620, 60621, 60622, 60623, 60624, 60625, 60626, 60628, 60629, 60630, 60631, 60632, 60633, 60634, 60636, 60637, 60638, 60639, 60640, 60641, 60643, 60644, 60645, 606 |
- |
Chicago Area Codes |
312 |
- |
White population |
41.97% |
75.1% |
African-American population |
36.77% |
12.3% |
Asian |
4.35% |
3.6% |
American Indian & Alaskan |
0.36% |
0.9% |
Hispanic (of any race) |
26.02% |
12.5% |
Median Family Income (1999) |
$ 42,724% |
$42,000 |
Population Below Poverty Level |
19.23% |
12.4% |
Chicago Illinois Real Estate page will be updated soon. Bookmark this page and come back later to review:
Chicago Real Estate For Sale
Chicago Rental Real Estate
Chicago Real Estate Agency
Chicago Real Estate Investors
See Also:
Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ...
more...
Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ...
more...
Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ...
more...
Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ...
more...
More on real estate...
|
|