Summit Illinois Real Estate
Summit, Illinois, is located in Cook County, 3 miles N of Oak Lawn, Illinois and 9 miles SW of Chicago, Illinois. Summit has a population of 10,637.
Summit Homes
Summit properties pool is 3,356 residential properties including Summit new homes. Median age of real estate in Summit is 1955. Average Household size is 3.77 people. 5% are one bedroom homes, 29% are 2 bedroom homes, 46% are 3 bedroom homes, 10% are 4 bedroom homes, and 7% are 5+ bedroom homes.
Summit Mortgage Statistics
Summit mortgages vs. USA median statistics
| Homes |
Summit |
USA |
| Homes With No Mortgage |
44% |
30% |
| Homes With Mortgage |
56% |
70% |
| First Mortgage Only |
47% |
54% |
| First & Second Mortgage or HELOC |
9% |
16% |
Summit Area Real Estate Tax
Summit Real estate Tax: Median Real Estate Taxes (2000) were $2,024 comparing to 1999 Median Family income $ 44,063. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Summit School District: Children make up 29.2% of Summit population. Summit has 3,105 under 18 years old residents, or 0.72 kids per one worker, or 0.93 kids per one household.
Summit Real Estate & Summit Homeownership
There are 771.88 or 23% one person households, 738.32 or 22% two person households, and 536.96 or 16% three person households in Summit, Illinois. Median residents age is 30, Senior citizens (65+) make up 1,104 or 10.4%% of Summit population.
There are 4,322 workers (over 16 years of age) in Summit. Of these, 85.03% drive to work. Approximately 6.27% of workers in Summit take public transportation. An estimated 5.74% walk to work.
Median Summit homeowner's housing expences are 18.9%
Crime in Summit (2003), crimes per 10,000 residents per year
| Type of Crime |
Summit |
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 Summit Properties
When making a decision about buying real estate in Summit Illinois area, you should consider following statistical data:
| Category |
Summit |
USA |
| Near Medium City |
Oak Lawn, Illinois |
- |
| Near Large City |
Chicago, Illinois |
- |
| Summit Zip Codes |
60501 |
- |
| Summit Area Codes |
708 |
- |
| White population |
63.31% |
75.1% |
| African-American population |
12.05% |
12.3% |
| Asian |
1.41% |
3.6% |
| American Indian & Alaskan |
0.3% |
0.9% |
| Hispanic (of any race) |
48.47% |
12.5% |
| Median Family Income (1999) |
$ 44,063% |
$42,000 |
| Population Below Poverty Level |
16.17% |
12.4% |
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