Community Corner
What Percentage of Western Springs Homes are Mortgage-Free?
Thirty-four percent of Western Springs 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.
In Western Springs, 34 percent or 3,991 of homes are mortgage free, according to Crain’s analysis.
Here’s a look at neighboring communities:
Find out what's happening in Western Springsfor free with the latest updates from Patch.
Community
Percentage of
Find out what's happening in Western Springsfor free with the latest updates from Patch.
Mortgage-Free Homes
Western Springs
34% (3,991)
La Grange 29.4% (4,384)La Grange Park 29.7% (3,636) Lyons 28.7% (2,670) Brookfield 24.6% (5,597) Burr Ridge 35.9% (3,665) River Forest
37% (3,603)
Forest Park
24.9% (3,292)
Oak Park 19.3% (13,817)Related:
- Home Sale Prices Dip in Western Springs
- Illinois Home Foreclosures Top National Average
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