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Homes for Sale in Schaumburg, IL
Looking for Real estate for sale in Schaumburg? Schaumburg, IL is located a little over half an hour west of Chicago and ten miles north of O’Hare International Airport. It is home to over 68,000 residents, with an average age of those residents coming in at 38. The median household income for Schaumburg is $69,000 and over 30% of residents have owned their homes for over 5 years.
About 44% of residents are married and additional 35% are married with children. An additional 20% of the population is made up of single people, some with kids. Crime in the area is about the same as it is in the Chicago Metro area, which is significantly lower than the average for the rest of the county.
The average home price averages just over $197,000 and about 2% of homes sold in the area during last six months. Real estate in Schaumburg, IL offers an average sale price of $102 per square foot, which is about $10 higher than that of the remainder of the state. Cost of living in the Schaumburg area is slightly more than 61k and unemployment is just comparable to the current national average.
Schaumburg is home to many major business headquarters, including Cancer Treatment Centers of America and Motorola Solutions. According to a recent study, the majority of Japanese companies have placed their US headquarters either in Schaumburg or Hoffman Estates.
One of the most notable attractions is Woodfield Mall, which is said to be the largest mall in the United States and is home to over 300 stores. There are a number of shopping opportunities as well as dining and entertainment establishments in the mall. Most major retailers have set up shop in Woodfield Mall as well and you can find many restaurants and specialty stops also.
The city also offers a variety of annual events, including the famed Septemberfest that takes place around the Labor Day celebration. With a variety of music acts, food and fun for the whole family, this is a popular attraction for the people of the city and those in the surrounding areas.
There are many activities, including theaters, parks and other entertainment establishments that are located throughout the city and the surrounding areas, which offer families and singles alike plenty of entertainment opportunities to enjoy. Nightlife in the city is also vibrant and there are a number of night clubs for the residents to enjoy.
Education in Schaumburg is outstanding and schools are ranked extremely high according to greatschools.org. Some of the best schools are Hoover Math and Science Academy and Michael Collins Elementary School. All in all, Schaumburg has 25 schools to choose from and each is ranked well amongst both parents and researchers.
The public school system in Schaumburg is funded by property taxes rather than sales taxes. Schaumburg Township School District 54 is the main system that services the area and the high school recently underwent a major construction project to update its facilities. Graduating students also have the benefit of choosing from any of the small colleges that are in the area, including a branch of Roosevelt University, a graduate school for management students and a branch of Argosy University.
Schaumburg Township District Library offers one major branch within the city and two smaller branches in nearby cities. There are over 630,000 books available and it is one of the biggest libraries in the country. It has won several awards and contains many activity rooms, meeting rooms and a teen area.
According to education statistics over 40% of residents who are 18 and older have graduated with a bachelor’s degree or higher, which is 8 % higher than that of the rest of the county. The city is a very young and vibrant city with only about 5,000 members being older than 70.
Schaumburg has a lot to offer the residents inside its limits as well as the people in the surrounding areas. There are a number of fun and inexpensive or free activities for families and kids and the city is home to a great number of other exciting venues as well. Real estate for sale in Schaumburg is generally highly sought after. If you are looking for a home for sale please use our free MLS Source search above. If you are ready to look at some homes or have a home for sale contact Realtor Jonathan Brax at (847) 721-1765.