Cary Illinois Real Estate

The small quaint town of Cary, Illinois is located fifty miles Northwest of Chicago in McHenry County. Sitting on the Fox River it was named for its founder, William Cary. It is easily accessible via airports, multiple expressways and ground transportation.

Unemployment rates are low and the average household income is relatively high. Cary is considered to have a high quality of family life and regarded as a great place to live with housing prices on the cutting-edge of market value. The abundance of its cultural allure makes it an overall attractive residential town to make your home.

Travel to the village of Cary and you will most probably pass through Chicago's O'Hare International Airport (www.ohare.com). Running across the city center is the 24 hour CTA (Blue Line) trains from the station under Terminal 4. Midway Airport is the second, smaller airport and serves as landing ground for most domestic airlines. Rockford Airport is only 30 miles west and Lake in the Hills Airport for general aviation is located 5 miles south.

Ground transportation includes Greyhound and regional bus companies with annual operating routes 24 hours 7 days. The Union Pacific rail dispatches 22 daily commuter cars and stops at Cary Station on Main Street. Additional transportation includes the 'EL' system of elevated trains operated by the Chicago Transit Authority (www.transitchicago.com).

During the past couple of years, this small village has undergone an increase in population demographics, making it a new haven for employment opportunities. Today, the total estimated population of 18,821 reflects Cary's favorable living conditions. This accounts for an urban population of 17, 220, of which 16, 494 are White with the remaining a mixture of African American, Asia, and Hispanic.

Working conditions are among the most favorable when compared to other urban cities. Unemployment rates are extremely low averaging about 4.1% for White non-Hispanic males and 1.5% for White non-Hispanic females. The Asian population enjoys 0% unemployment rate. The average commute time for the worker is 36 minutes. As an income snapshot, the median local household income topped off at $76, 801 and the national rate reached $41,994.

Talk about safety! Between 2001-2003 a total of one fatal motor vehicle accident occurred. (National Highway Traffic Safety Administration) This accounts for a rate of .6 fatal crashes per 10, 000 population, which was lower than the national norm.

Real Estate Market in Cary is hot and going fast! There is still time to take advantage of Cary's booming real estate at the lowest buying even rental rates. Monthly homeowner costs, for people with mortgages, were $1,551. More than half of all households are occupied by 4 member-families. There are a total of 4,943 occupied houses, 4,500 owner-occupied and 443 renter occupied. The median asking price for houses is $98,900.

Education is very important to Cary residents. With a 0% crime rate, parents concentrate on sending their children to college. In fact, 41% of Cary residents age 25 and older have a bachelor's or advanced degree. There are total of 8 public elementary schools located among the nation's best school districts. Cary is also home to one of the safest public high schools in the nation.

Recreation life in Cary is just as enriching as living conditions. Walking through town you are bound to find great restaurants to satisfy different palates. At local movie theatres you can enjoy the latest movie releases. There is also a town square that supports local arts and encourages theatrical performances. In August you can bring the entire family for three days of fun-filled excitement at the McHenry County Fair.

You will find the village of Cary to be a charming residential town close to the bustling city of Chicago. Cary offers a near perfect family life positioning it as a lucrative real estate investment. Cary provides all the perks of city life with the advantages of suburban attitudes.