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Palatine Illinois Real Estate By Jennifer Hershey

Palatine Illinois Real Estate

Palatine, Illinois, is located in Cook County, of , and 25 miles NW of Chicago, Illinois. Palatine has a population of 65,479.

Palatine Homes

Palatine properties pool is 25,553 residential properties including Palatine new homes. Median age of real estate in Palatine is 1976. Average Household size is 3.18 people. 5% are one bedroom homes, 28% are 2 bedroom homes, 36% are 3 bedroom homes, 25% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Palatine Mortgage Statistics

Palatine mortgages vs. USA median statistics

Homes Palatine USA
Homes With No Mortgage 19%
30%
Homes With Mortgage 81%
70%
First Mortgage Only 63%
54%
First & Second Mortgage or HELOC 18%
16%

Palatine Area Real Estate Tax

Palatine Real estate Tax: Median Real Estate Taxes (2000) were $3,623 comparing to 1999 Median Family income $ 76,270. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Palatine School District: Children make up 24.8% of Palatine population. Palatine has 16,257 under 18 years old residents, or 0.45 kids per one worker, or 0.64 kids per one household.

Palatine Real Estate & Palatine Homeownership

There are 7154.84 or 28% one person households, 8176.96 or 32% two person households, and 3832.95 or 15% three person households in Palatine, Illinois. Median residents age is 34.3, Senior citizens (65+) make up 5,764 or 8.8%% of Palatine population.

There are 36,386 workers (over 16 years of age) in Palatine. Of these, 90.33% drive to work. Approximately 4.71% of workers in Palatine take public transportation. An estimated 1.4% walk to work.

Median Palatine homeowner's housing expences are 20.7%

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

Type of Crime Palatine 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 Palatine Properties

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

Category Palatine USA
Near Medium City
-
Near Large City
Chicago, Illinois
-
Palatine Zip Codes
60067, 60074, 60095
-
Palatine Area Codes
847
-
White population
83.05%
75.1%
African-American population
2.15%
12.3%
Asian
7.56%
3.6%
American Indian & Alaskan
0.22%
0.9%
Hispanic (of any race)
14.12%
12.5%
Median Family Income (1999)
$ 76,270%
$42,000
Population Below Poverty Level
4.73%
12.4%

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See Also:

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Bartonville Illinois Real Estate
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Belvidere Illinois Real Estate
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