Melrose Park Illinois Real Estate
Melrose Park, Illinois, is located in Cook County, 4 miles W of Oak Park, Illinois and 10 miles W of Chicago, Illinois. Melrose Park has a population of 23,171.
Melrose Park Homes
Melrose Park properties pool is 7,667 residential properties including Melrose Park new homes. Median age of real estate in Melrose Park is 1956. Average Household size is 3.61 people. 7% are one bedroom homes, 29% are 2 bedroom homes, 48% are 3 bedroom homes, 12% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Melrose Park Mortgage Statistics
Melrose Park mortgages vs. USA median statistics
| Homes |
Melrose Park |
USA |
| Homes With No Mortgage |
37% |
30% |
| Homes With Mortgage |
63% |
70% |
| First Mortgage Only |
53% |
54% |
| First & Second Mortgage or HELOC |
10% |
16% |
Melrose Park Area Real Estate Tax
Melrose Park Real estate Tax: Median Real Estate Taxes (2000) were $2,321 comparing to 1999 Median Family income $ 46,963. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Melrose Park School District: Children make up 27.4% of Melrose Park population. Melrose Park has 6,347 under 18 years old residents, or 0.64 kids per one worker, or 0.83 kids per one household.
Melrose Park Real Estate & Melrose Park Homeownership
There are 1840.08 or 24% one person households, 1840.08 or 24% two person households, and 1303.39 or 17% three person households in Melrose Park, Illinois. Median residents age is 30.6, Senior citizens (65+) make up 2,522 or 10.9%% of Melrose Park population.
There are 9,984 workers (over 16 years of age) in Melrose Park. Of these, 91.72% drive to work. Approximately 2.8% of workers in Melrose Park take public transportation. An estimated 2.98% walk to work.
Median Melrose Park homeowner's housing expences are 21.6%
Crime in Melrose Park (2003), crimes per 10,000 residents per year
| Type of Crime |
Melrose Park |
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 Melrose Park Properties
When making a decision about buying real estate in Melrose Park Illinois area, you should consider following statistical data:
| Category |
Melrose Park |
USA |
| Near Medium City |
Oak Park, Illinois |
- |
| Near Large City |
Chicago, Illinois |
- |
| Melrose Park Zip Codes |
60160, 60164, 60165 |
- |
| Melrose Park Area Codes |
708 |
- |
| White population |
71.53% |
75.1% |
| African-American population |
2.92% |
12.3% |
| Asian |
1.99% |
3.6% |
| American Indian & Alaskan |
0.49% |
0.9% |
| Hispanic (of any race) |
53.88% |
12.5% |
| Median Family Income (1999) |
$ 46,963% |
$42,000 |
| Population Below Poverty Level |
10.22% |
12.4% |
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