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342 E Stanton Ct PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $122.73
CONSTRUCTION
- Beds : 0
- Floor Size : 1,546 sqft
- Baths : 1 Full 1 Half
342 E Stanton Ct SCHOOLS
Financial Details
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Silver Oaks
Neighborhood : Silver Oaks
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,566 per month.
MY RENT : $1,566 MEDIAN RENT : $1,658
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 $1,566 would therefore be considered affordable for annual household incomes greater than $62,640 (12 months x 3.333 x $1,566).
HOUSEHOLD INCOME RANGE
Approximately 312 of households in this neighborhood have a total annual income of $62,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,566 per month.
MINIMUM INCOME RANGE : $62,640
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.
Silver Oaks Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 13.4% |
Educational Services | 10.3% |
Health Care & Social Assistance | 10.7% |
Information | 5.5% |
Manufacturing | 16.2% |
Retail & Wholesale Trader | 11.8% |
Other | 32.2% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 38% is 24 or younger and 6% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.1% |
15-19 | 10.6% |
20-24 | 5.7% |
25-44 | 30.3% |
45-65 | 24.9% |
66+ | 6.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.9% |
Healthcare | 7.4% |
Management, Business, & Financial | 24.3% |
Natural Resources Maintenance | 9.4% |
Production & Transportation | 9.3% |
Sales & Office | 23.7% |
Other | 16.0% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.7% |
High School | 28.9% |
Masters Degree | 8.1% |
Some College | 18.4% |
Some High School | 7.1% |
Other | 27.8% |
342 E Stanton Ct Comps
342 E Stanton Ct, Round Lake Beach, IL 60073 is a single family home of 1,546 sqft. HomeUnion INVESTimateĀ® for 342 E Stanton Ct includes a Price Estimate of $189,737 and a Rent Estimate of $1,566. This single family home has 0 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 9.90% and Total Return of 18.62%. The estimated 1 year forecast in home value for 342 E Stanton Ct is 6.68%.
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