Monday, November 27, 2006

Demographic Profile for Will County, Illinois

Will County, Illinois has a population that is made of 72 percent White, 10.4 percent African American, 3.4 percent Asian, and 12.8 percent Hispanic. The area can be described as having a high level of diversity in terms of race and ethnicity, with 26.6 percent minorities. This is less than the State of Illinois percent of 33.1. Since 2000, Will has increased the percent of minority makeup when 21.5 percent of the population was made up of minorities.

Since 2000, a medium-high number of individuals have migrated to Will internationally. The migration from outside the US into Will totals 1.9 percent of all immigration into Illinois. This percent of international migration is medium-high when compared to international migration per 2005 population.

The U.S. Census Bureau, in the year 2005, estimated a median age in Will County, Illinois to be 33.0 years old. The median age in Will is less than the median age in the State of Illinois of 35.6. Since the year 2000, the area has seen a decline in this median, when at that time it was 33.3 years of age. With a total of 28 percent of the 2005 population being comprised of individuals under the age of 18, Will can be described as being made up of a relatively high percent of people under 18. The 18 to 64 years old population group has a medium-high representation within the population, making up 63.9 percent of the population falling in this age category. The retirement (65 and over) group makes up 8.1 percent of the population in the area. When compared to other counties throughout the United States, this represents a relatively low proportion of the population.

Will County, Illinois had a total estimated population of 642,813 for the year 2005. The total population has increased very sharply, since its 2000 population of 508,339. This growth denotes an increase of 26.5 percent. Will ranks 1 of 102 counties when calculating total change in population for Illinois and the county ranks 10 of 3,141 counties when calculating the total change in county population across the US.

When measuring the total land area, Will spans a total area of 837 total square miles. The area has a high population density of 768 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Northampton, PA (770 per sq. mile ), Collin, TX (778 per sq. mile ), Forsyth, NC (796 per sq. mile ), -- less densely populated -- Anoka, MN (765 per sq. mile ), Butler, OH (750 per sq. mile ), Hampden, MA (746 per sq. mile ).

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Will County, Illinois

The residential real estate values in Will County, Illinois have seen large increases since the Census values accounted for in the year 2000. The values have increased by $69,200, or 44.8 percent, since their values in that year of $154,300.

Will County recorded median owner-occupied home value in the year 2005 of $223,500, published by the American Community Survey. This median is greater than the overall State of Illinois 2005 median owner-occupied dwelling value of $183,900 and greater than median owner-occupied dwelling value of $167,500 across the United States during the same year.

In the State of Illinois, Will County places 2 of 102 in terms of percentage growth in new housing structures. The county ranks 72 of 3,141, comparing the percentage change in residential in other US counties.

Will County is made up of a relatively high percentage of homes that are high in price. In 2005, the American Community Survey reported that 5.7 percent of the houses are valued over a half a million dollars.

In Will County, the U.S. Census Bureau, Population Division accounted for a total of 216,289 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 31,970 residential units since 2001, or 17.3 percent.

According to the data, there is a limited amount affordable residential real estate in Will County, Illinois. In 2005, 11 percent of residential real estate was valued under $125,000.

Data Source: U.S. Census Bureau

 

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