Cost of Living and Housing in Highland Park, Illinois

Highland Park has about 30,398 residents. Median gross rent is $1,925 per month and median household income is $168,094.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,925/mo 16% above the dataset median

Median Home Value $607,300 62% above the dataset median

Median Household Income $168,094 100% above the dataset median

Owner-Occupied Homes 84% Share of occupied housing units

Rent-to-Income Baseline 14% Annual median rent ÷ household income

Home Value-to-Income 3.6x Median value ÷ household income

How Highland Park compares

Rent is 16% above the dataset median, while household income is 100% above the dataset median. Within Illinois, Highland Park ranks #113 from lowest to highest rent and #2 from highest to lowest household income among 123 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Illinois

Frequently asked questions

What is the median rent in Highland Park?

Median gross rent is $1,925 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Highland Park?

The median value of owner-occupied homes is $607,300 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Highland Park is $168,094 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.