Explore Old Town
Frequently Asked Questions
Is Old Town a good place to live?
Old Town is a good place to live. Old Town is considered very walkable and very bikeable with excellent transit options. Old Town is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Old Town has 13 parks for recreational activities.It is very dense in population with 51.0 people per acre and a median age of 34. The average household income is $166,187 which is above the national average. College graduates make up 83.5% of residents. A majority of residents in Old Town are renters, with 58% of residents renting and 42% of residents owning their home. A local real estate agent serving Old Town can help you decide if this neighborhood is the right one for you. Learn more on our Old Town neighborhood guide.
Is Old Town, IL a safe neighborhood?
Old Town, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Old Town?
The median home price in Old Town is $474,995. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Old Town. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Old Town is $166K.
What are the most popular zip codes in Old Town, Chicago, IL?
What are the most popular neighborhoods near Old Town, Chicago, IL?
The most popular neighborhoods near Old Town, Chicago, IL are Gold Coast, Lincoln Park, River North, Goose Island and Rush-Division.
