Community Corner
Which North Shore Community Has Most Mortgage-Free Homes?
More than 30 percent of Winnetka and Glencoe 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 Winnetka, 32.4 percent or 3,591 of homes are mortgage free; in Glencoe that figure is 37.7 percent or 2,823 homes, according to Crain’s analysis.
Find out what's happening in Winnetka-Glencoefor free with the latest updates from Patch.
Here’s a look at other North Shore communities:
Community
Find out what's happening in Winnetka-Glencoefor free with the latest 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
- Winnetka Home Sale Prices Edging Up
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