Lake Zurich Illinois Real Estate
Lake Zurich, Illinois, is located in Lake County, 5 miles N of Palatine, Illinois and 29 miles NW of Chicago, Illinois. Lake Zurich has a population of 18,104.
Lake Zurich Homes
Lake Zurich properties pool is 5,713 residential properties including Lake Zurich new homes. Median age of real estate in Lake Zurich is 1981. Average Household size is 3.42 people. 1% are one bedroom homes, 7% are 2 bedroom homes, 43% are 3 bedroom homes, 43% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Lake Zurich Mortgage Statistics
Lake Zurich mortgages vs. USA median statistics
Homes |
Lake Zurich |
USA |
Homes With No Mortgage |
11% |
30% |
Homes With Mortgage |
89% |
70% |
First Mortgage Only |
66% |
54% |
First & Second Mortgage or HELOC |
23% |
16% |
Lake Zurich Area Real Estate Tax
Lake Zurich Real estate Tax: Median Real Estate Taxes (2000) were $4,192 comparing to 1999 Median Family income $ 89,874. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Lake Zurich School District: Children make up 34.1% of Lake Zurich population. Lake Zurich has 6,173 under 18 years old residents, or 0.66 kids per one worker, or 1.08 kids per one household.
Lake Zurich Real Estate & Lake Zurich Homeownership
There are 685.56 or 12% one person households, 1485.38 or 26% two person households, and 1142.6 or 20% three person households in Lake Zurich, Illinois. Median residents age is 34.7, Senior citizens (65+) make up 1,062 or 5.9%% of Lake Zurich population.
There are 9,360 workers (over 16 years of age) in Lake Zurich. Of these, 90.74% drive to work. Approximately 3.09% of workers in Lake Zurich take public transportation. An estimated 1.47% walk to work.
Median Lake Zurich homeowner's housing expences are 21.5%
Crime in Lake Zurich (2003), crimes per 10,000 residents per year
Type of Crime |
Lake Zurich |
USA, 2003 |
Violent Crimes |
NaN |
47.5 |
Robberies |
NaN |
14.2 |
Aggravated Assaults |
NaN |
29.5 |
Property Crimes |
NaN |
358.8 |
Burglaries |
NaN |
74.0 |
Larceny-Thefts |
NaN |
241.5 |
Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Lake Zurich Properties
When making a decision about buying real estate in Lake Zurich Illinois area, you should consider following statistical data:
Category |
Lake Zurich |
USA |
Near Medium City |
Palatine, Illinois |
- |
Near Large City |
Chicago, Illinois |
- |
Lake Zurich Zip Codes |
60047 |
- |
Lake Zurich Area Codes |
847 |
- |
White population |
92.31% |
75.1% |
African-American population |
0.81% |
12.3% |
Asian |
3.82% |
3.6% |
American Indian & Alaskan |
0.17% |
0.9% |
Hispanic (of any race) |
5.55% |
12.5% |
Median Family Income (1999) |
$ 89,874% |
$42,000 |
Population Below Poverty Level |
2.49% |
12.4% |
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