Real Estate details: Lake park MN vs Palatine IL

RE Insights

Metric Lake park Palatine
Population 723 65,485
Median Home Price $236,000 $316,000
Rent 13% 33%
Own 87% 67%

Real Estate Insights Comparison: Lake park vs Palatine

  • The population in Palatine is greater at 65,485 compared to 723 in Lake park.
  • The median home price in Palatine is higher at $316,000 compared to $236,000 in Lake park.
  • The rent percentage in Palatine is higher at 33% compared to 13% in Lake park.
  • A greater percentage of homeowners in Lake park at 87% compared to 67% in Palatine.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.