Home / Select Cities  /  2024 Comparing Carpentersville, IL vs. Palatine, IL

2024 Compare Cities Housing:
Carpentersville, IL vs Palatine, IL

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Highlights
- The median age of a home in Carpentersville is 4.8% younger than the median age of a home in Palatine.

Housing
 Carpentersville, ILPalatine, ILUnited States
 Median Home Age424442
 Median Home Cost$224,100$305,600$338,100
 Home Appr. Last 12 months12.6%14.5%16.6%
 Home Appr. Last 5 yrs.35.4%31.8%57.0%
 Home Appr. Last 10 yrs.63.3%54.6%101.1%
 Property Tax Rate$24.3$25.1$11.0
 Homes Owned72.2%63.1%57.4%
 Housing Vacant2.6%6.1%11.2%
 Homes Rented25.2%30.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Carpentersville, ILPalatine, ILUnited States
 Average Rent$1,910$2,010$1,840
 Studio Apartment$1,230$1,290$1,080
 1 Bedroom Home or Apartment$1,330$1,400$1,180
 2 Bedroom Home or Apartment$1,530$1,600$1,430
 3 Bedroom Home or Apartment$1,940$2,040$1,860
 4 Bedroom Home or Apartment$2,310$2,420$2,160
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 Vacant Housing
 Carpentersville, ILPalatine, ILUnited States
 Vacant For Rent0.0%2.2%1.9%
 Vacant Rented0.0%0.3%0.4%
 Vacant For Sale0.6%0.7%0.7%
 Vacant Sold0.0%0.3%0.4%
 Vacant Vacation0.0%0.6%3.6%
 Vacant Other2.0%2.0%4.1%
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 Owner-Occupied Housing Value
 Carpentersville, ILPalatine, ILUnited States
 Less Than $20,0002.5%0.5%2.6%
 $20,000 to $39,9990.2%0.7%2.4%
 $40,000 to $59,9990.1%0.7%2.8%
 $60,000 to $79,9991.6%1.1%3.9%
 $80,000 to $99,9992.5%1.6%4.5%
 $100,000 to $149,99916.9%12.4%11.3%
 $150,000 to $199,99934.0%8.2%13.0%
 $200,000 to $299,99930.1%25.9%20.1%
 $300,000 to $399,9999.2%23.2%13.6%
 $400,000 to $499,9991.9%12.6%8.3%
 $500,000 to $749,9990.2%11.7%9.7%
 $750,000 to $999,9990.1%1.0%3.9%
 $1,000,000 to $1,499,9990.2%0.0%2.2%
 $1,500,000 to $1,999,9990.1%0.0%0.8%
 $2,000,000 and over0.5%0.1%1.1%
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 Housing Units By Year Built
 Carpentersville, ILPalatine, ILUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 201421.8%9.0%13.6%
 2000 to 200921.8%9.0%13.6%
 1990 to 199921.2%12.9%13.6%
 1980 to 19894.7%17.9%13.2%
 1970 to 197911.2%28.7%14.8%
 1960 to 196921.2%12.9%13.6%
 1950 to 195918.7%9.5%10.0%
 1940 to 19492.3%2.7%4.7%
 1939 or Earlier3.1%2.7%12.2%

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Reviews for Carpentersville    1 Reviews

Feb 2021 - Been here 14 years (west side of town, near Randall Rd). Good schools. Diverse community. Shopping, restaurants, churches, etc... close and abundant. Easy  More

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Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 14 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 14 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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