Machesney Park, IL Community Information

Machesney Park, IL Homes for Sale

Machesney Park, IL Community Information

Population

24,036

Median Age

36.7

Median Household Income

$56,285

Households with Children

45.18%

Median Travel Time to Work

22 minutes

Machesney Park, IL Real Estate Market Information

Homes Owned

82.88%

Homes Rented

15.45%

Homes Vacant

1.68%

Machesney Park, IL Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

* Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Machesney Park, IL School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 24,036
  • Total Male Population 12,072
  • Total Female Population 11,964
  • Population change since 2000 12.79%
  • Median age 36.7
  • Percent of households with children 45.18%
  • Personal Crime risk 64

Transportation

  • Median travel time to work 22 minutes
  • Percent using Public transportation 0.12%
  • Percent Driving/Using Carpool 95.99
  • Percent Using Other transportation 1.49%
  • Percent Working From Home 2.41%

Education Levels

  • Some high school 14.78%
  • High school graduate 40.50%
  • Some college 23.51%
  • Associate degree 7.83%
  • Bachelor's degree 9.66%
  • Graduate degree 3.73%

Occupation

  • Agriculture, forestry, and fishing 0.24%
  • Construction 6.09%
  • Manufacturing 27.62%
  • Wholesale Trade 3.77%
  • Retail Trade 9.91%
  • Finance, insurance and real estate 5.39%
  • Services 5.34%
  • Public administration 1.67%
  • Information 1.52%
  • Professional 6.45%
  • Education 21.09%
  • Arts 5.28%

Income

  • Average household income $63,547
  • Income change since 2000 14.42%

Climate

  • Avg. January high/low temp 28.09 / 10.94
  • Avg. July high/low temp 84.58 / 61.86
  • Annual precipitation 34.41