Community Corner
What Percentage of Vernon Hills Homes are Mortgage-Free?
More than 15 percent of Vernon Hills homeowners own their homes outright.
Communities with a large segment of senior citizens or high median incomes tend to have the highest percentage mortgage-free homes, according to Crain’s Chicago Business.Â
In Vernon Hills, 15.9 percent or 6,906 of homes are mortgage free, according to Crain’s analysis.
Here’s a look at neighboring communities:Â
Find out what's happening in Vernon Hillsfor free with the latest updates from Patch.
Community  Â
Percentage of
Find out what's happening in Vernon Hillsfor free with the latest updates from Patch.
Mortgage-Free Homes
Grayslake
12.4% (6,188)
Hainesville 16% (1,071) Third Lake 16.4% (422)Libertyville
25% (5,839)
Vernon Hills
15.9% (6,906)
Buffalo Grove 20.9% (13,483) Mundelein 20.7% (8,430)Antioch
15.2% (3,695)
Lake Villa
10.4% (2,259)
Lindenhurst
12.1% (4,452)
Lake Zurich
13% (5,518)
Round Lake Beach
12.4% (6,458)
Gurnee
16.8% (8,475)
Related:
- Home Sale Prices Up in Vernon Hills
- Illinois Home Foreclosures Top National Average
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