Community Corner

What Percentage of Libertyville Homes are Mortgage-Free?

Twenty-five percent of Libertyville 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 Libertyville, 25 percent or 5,839 of homes are mortgage free, according to Crain’s analysis.

Here’s a look at neighboring communities: 

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Community    

Percentage of

Find out what's happening in Libertyvillewith free, real-time 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)

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 Down in Libertyville
  • Illinois Home Foreclosures Top National Average


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