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15 N473 Settlers Grove Rd PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $171.31
CONSTRUCTION
- Beds : 4
- Floor Size : 2,735 sqft
- Baths : 3 Full 1 Half
15 N473 Settlers Grove Rd SCHOOLS
Financial Details
See Financial Details
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HAMPSHIRE
Neighborhood : HAMPSHIRE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,219 per month.
MY RENT : $2,219 MEDIAN RENT : $1,597
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,219 would therefore be considered affordable for annual household incomes greater than $88,760 (12 months x 3.333 x $2,219).
HOUSEHOLD INCOME RANGE
Approximately 2,308 of households in this neighborhood have a total annual income of $88,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,219 per month.
MINIMUM INCOME RANGE : $88,760
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.
HAMPSHIRE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.6% |
Construction | 8.9% |
Educational Services | 8.4% |
Health Care & Social Assistance | 13.3% |
Manufacturing | 20.3% |
Retail & Wholesale Trader | 12.9% |
Other | 26.6% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.
Age | % Distribution |
---|---|
<15 | 23.7% |
15-19 | 6.3% |
20-24 | 5.3% |
25-44 | 22.6% |
45-65 | 30.1% |
66+ | 12.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 8.3% |
Healthcare | 10.3% |
Management, Business, & Financial | 16.5% |
Natural Resources Maintenance | 11.1% |
Production & Transportation | 14.1% |
Sales & Office | 18.6% |
Other | 21.1% |
HIGHEST EDUCATION LEVEL
24% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.9% |
High School | 19.0% |
Masters Degree | 13.1% |
Some College | 26.6% |
Some High School | 6.7% |
Other | 25.7% |
15 N473 Settlers Grove Rd Comps
15 N473 Settlers Grove Rd, Hampshire, IL 60140 is a single family home of 2,735 sqft. HomeUnion INVESTimateĀ® for 15 N473 Settlers Grove Rd includes a Price Estimate of $468,536 and a Rent Estimate of $2,219. This single family home has 4 bedrooms,4 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 5.68% and Total Return of 17.71%. The estimated 1 year forecast in home value for 15 N473 Settlers Grove Rd is 6.82%.
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