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Bannockburn, Illinois Mortgage and Housing Information

Population: 1,429
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$67,500

Value of Houses and Condos

A comparison of the average prices of homes in Bannockburn, Illinois and the U.S.
U.S.IllinoisBannockburn
Median home value
in year 2000
$111,800$127,800$907,900

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.IllinoisBannockburn
With a mortgage$1,088$1,198$4,001
Without a mortgage$295$353$4,002

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Bannockburn (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage7942.2%
First Mortgage Only6534.8%
Second Mortgage and/or Home Equity Loan4323.0%
Total187100%

Tenancy in Bannockburn

How many people in Bannockburn live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes204
Renter-occupied homes46
Homes for sale4
Homes for rent0
Total259

Age of Bannockburn Residents

Median age for males and females (2000).
Males 22
Females 21

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.IllinoisBannockburn
Median Earnings$23,755$25,890$10,608
Median Earnings, Males$29,458$32,016$12,422
Median Earnings, Females$18,957$20,364$10,108

Males earn $2,314 (22.9%) more than Females in Bannockburn.

Commuting in Bannockburn

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo453
Carpooled96
Public Transit28
Bicycle0
Walking49
Other Means37
Total, Commuted663
Worked from home25
Total688

Time Spent Commuting in Bannockburn

Time spent commuting in Bannockburn
Time spent in minutesNumber of People
Less than 586
5-9113
10-14173
15-1984
20-2433
25-2919
30-3473
35-3912
40-446
45-5927
60-8929
Over 908

Education

Level of higher education for people over 25 years in Bannockburn (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College258.1%4213.6%
Associate Degree20.6%103.2%
Bachelor's Degree12741.2%14848.1%
Master's Degree7925.6%3511.4%
Professional Degree4715.3%165.2%
Doctorate Degree31.0%00.0%
Total (at least some college)28391.9%25188.4%
Total over 25308100%284100%

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