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Park Forest Illinois Real Estate By Jennifer Hershey

Park Forest Illinois Real Estate

Park Forest, Illinois, is located in Cook County, 12 miles SE of Orland Park, Illinois and 26 miles S of Chicago, Illinois. Park Forest has a population of 23,462.

Park Forest Homes

Park Forest properties pool is 9,074 residential properties including Park Forest new homes. Median age of real estate in Park Forest is 1956. Average Household size is 3.09 people. 2% are one bedroom homes, 33% are 2 bedroom homes, 46% are 3 bedroom homes, 17% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Park Forest Mortgage Statistics

Park Forest mortgages vs. USA median statistics

Homes Park Forest USA
Homes With No Mortgage 32%
30%
Homes With Mortgage 68%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 14%
16%

Park Forest Area Real Estate Tax

Park Forest Real estate Tax: Median Real Estate Taxes (2000) were $2,047 comparing to 1999 Median Family income $ 55,801. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Park Forest School District: Children make up 26.9% of Park Forest population. Park Forest has 6,322 under 18 years old residents, or 0.55 kids per one worker, or 0.7 kids per one household.

Park Forest Real Estate & Park Forest Homeownership

There are 2631.46 or 29% one person households, 2722.2 or 30% two person households, and 1542.58 or 17% three person households in Park Forest, Illinois. Median residents age is 35.6, Senior citizens (65+) make up 2,705 or 11.5%% of Park Forest population.

There are 11,417 workers (over 16 years of age) in Park Forest. Of these, 86.83% drive to work. Approximately 10.08% of workers in Park Forest take public transportation. An estimated 0.76% walk to work.

Median Park Forest homeowner's housing expences are 17.9%

Crime in Park Forest (2003), crimes per 10,000 residents per year

Type of Crime Park Forest 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 Park Forest Properties

When making a decision about buying real estate in Park Forest Illinois area, you should consider following statistical data:

Category Park Forest USA
Near Medium City
Orland Park, Illinois
-
Near Large City
Chicago, Illinois
-
Park Forest Zip Codes
60466
-
Park Forest Area Codes
708
-
White population
55.42%
75.1%
African-American population
39.41%
12.3%
Asian
0.82%
3.6%
American Indian & Alaskan
0.23%
0.9%
Hispanic (of any race)
4.98%
12.5%
Median Family Income (1999)
$ 55,801%
$42,000
Population Below Poverty Level
6.45%
12.4%

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See Also:

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Belvidere Illinois Real Estate
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