Community Corner

Which North Shore Community Has Most Mortgage-Free Homes?

More than 30 percent of Wilmette and Kenilworth 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 Wilmette, 34.6 percent or 8,272 of homes are mortgage free; in Kenilworth that figure is 34.4 percent or 752 homes, according to Crain’s analysis.

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Here’s a look at other North Shore communities: 

Community    

Find out what's happening in Wilmette-Kenilworthwith free, real-time updates from Patch.

Percentage of

Mortgage-Free Homes

Glencoe

37.7% (2,823)

Northbrook

35% (10,851)

Wilmette

34.6% (8,272)

Kenilworth

34.4% (752)

Skokie

34.4% (17,179)

Glenview

32.7% (13,699)

Winnetka

32.4% (3,591)

Chicago

26.6% (484,122)

Evanston

25.5% (16,896)

Related Coverage

  • Wilmette Home Sale Prices Down


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