Cost of Living and Housing in Northbrook, Illinois

Northbrook has about 34,585 residents. Median gross rent is $2,463 per month and median household income is $157,782.

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 $2,463/mo 49% above the dataset median

Median Home Value $652,300 74% above the dataset median

Median Household Income $157,782 88% above the dataset median

Owner-Occupied Homes 87% Share of occupied housing units

Rent-to-Income Baseline 19% Annual median rent ÷ household income

Home Value-to-Income 4.1x Median value ÷ household income

How Northbrook compares

Rent is 49% above the dataset median, while household income is 88% above the dataset median. Within Illinois, Northbrook ranks #123 from lowest to highest rent and #4 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 Northbrook?

Median gross rent is $2,463 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Northbrook?

The median value of owner-occupied homes is $652,300 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Northbrook is $157,782 per year.

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