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Park Forest Village, Illinois Housing Analysis

   (County: Cook County)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Park Forest Village, Illinois, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type By Tenure
(Park Forest Village, Illinois)

Family households:

Married-couple family:

Owner-occupied housing units : 2,230

Renter-occupied housing units : 637

Other family:

Male householder, no wife present:

Owner-occupied housing units : 217

Renter-occupied housing units : 143

Female householder, no husband present:

Owner-occupied housing units : 1,126

Renter-occupied housing units : 995

Nonfamily households:

Owner-occupied housing units : 1,845

Renter-occupied housing units : 1,091


(updated 2013)



Mortgage Status By Age of Householder
(Park Forest Village, Illinois)

Housing units with a mortgage:

Householder 15 to 34 years : 435

Householder 35 to 44 years : 580

Householder 45 to 54 years : 744

Householder 55 to 59 years : 430

Householder 60 to 64 years : 441

Householder 65 to 74 years : 408

Householder 75 years and over : 154

Housing units without a mortgage:

Householder 15 to 34 years : 202

Householder 35 to 44 years : 238

Householder 45 to 54 years : 478

Householder 55 to 59 years : 231

Householder 60 to 64 years : 215

Householder 65 to 74 years : 422

Householder 75 years and over : 440


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Park Forest Village, Illinois)

Less than 10.0 percent : 70

10.0 to 14.9 percent : 152

15.0 to 19.9 percent : 299

20.0 to 24.9 percent : 337

25.0 to 29.9 percent : 259

30.0 to 34.9 percent : 145

35.0 to 39.9 percent : 180

40.0 to 49.9 percent : 153

50.0 percent or more : 1,006

Not computed : 265


(updated 2013)



Median Value By Year Structure Built
(Park Forest Village, Illinois)

Built 2010 or later :

Built 2000 to 2009 : $168,200

Built 1990 to 1999 : $122,300

Built 1980 to 1989 : $110,400

Built 1970 to 1979 : $74,300

Built 1960 to 1969 : $100,500

Built 1950 to 1959 : $82,200

Built 1940 to 1949 : $29,500

Built 1939 or earlier : $99,000


(updated 2013)







Percentage of Family Households in Park Forest Village, Illinois: 62.8%

Percentage of Family Households in Illinois: 65.8%


(updated 2010)



Population in Group Quarters in Park Forest Village, Illinois

Institutionalized population


  • Juvenile facilities : 1.86%

Noninstitutionalized population


  • Other noninstitutional facilities : 98.14%


(updated 2010)







Building Permits in Park Forest Village, Illinois

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 86 86 $8,135,233
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

86 86 $8,135,233
2000        
  Single Family 42 42 $4,056,030
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 1 95 $4,342,504
  Total

43 137 $8,398,534
2001        
  Single Family 43 43 $4,449,600
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

43 43 $4,449,600
2002        
  Single Family 37 37 $3,960,336
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 12 176 $7,800,000
  Total

49 213 $11,760,336
2003        
  Single Family 25 25 $2,710,485
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

25 25 $2,710,485
2004        
  Single Family 25 25 $3,005,825
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

25 25 $3,005,825
2005        
  Single Family 33 33 $5,337,363
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

33 33 $5,337,363
2006        
  Single Family 51 51 $5,270,694
  Two Family 0 0 $0
  Three and Four Family 0 0 $0
  Five or More Family 0 0 $0
  Total

51 51 $5,270,694


(updated 2007)



Median Household Income In 2000 (Park Forest Village, IL): $47,579
Median Household Income In 2000 (Illinois): $46,590


(updated 2010)



Median House/Condo Value in 2000 (Park Forest Village): $83,200
Median House/Condo Value in 2000 (Illinois): $127,800


(updated 2010)



Median Gross Rent in 2000 (Park Forest Village): $689
Median Gross Rent in 2000 (Illinois): $605


(updated 2010)



Most Commonly Used Heating Fuel in Park Forest Village, Illinois

Utility Gas: 92.3%
Bottled, Tank, Or Lp Gas: 1.0%
Electricity: 5.9%
Fuel Oil, Kerosene, Etc.: 0.1%
Coal Or Coke: 0.0%
Wood: 0.0%
Solar Energy: 0.1%
Other Fuel: 0.2%
No Fuel Used: 0.5%


(updated 2010)





(updated 2010)





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