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Chicago Illinois Real Estate By Jennifer Hershey

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

 




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