Burnham, IL
Full City Profile · Illinois · Lake County County
2.8
/5.0
C+
Fair
3,978
Population
2,139/sq mi density
$55,708
Median Income
$26,142 per capita
$146,400
Home Value
$149,147 Zillow
$1,183
Median Rent
33.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
637
Violent Crime/100K
2,880 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$55,708 median income, 6.0% unemployment
A+
Affordability
5.0 / 5.0
$146,400 home value, $1,183/mo rent
F
Safety
1.0 / 5.0
637 violent crimes/100K (68% above avg)
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Housing Overview
Median Home Value
$146,400
48% below
US avg: $281,900
Median Rent
$1,183/mo
2% above
US avg: $1,163/mo
Homeownership Rate
60.0%
8% below US avg (65.4%)
Total Housing Units
1,686
Median year built: 1969
Home Value by Source
Census Median
$146,400
Zillow (ZHVI)
$149,147
Median Sale Price
$165,000
Median List Price
$174,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.0%
Owner-Occupied
40.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,183/mo
Market Indicators (Redfin)
Median Days on Market
221 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
60.0%
Complete Housing Data
Home Values
| Census Median Value | $146,400 |
| Zillow Home Value (ZHVI) | $149,147 |
| Median Sale Price | $165,000 |
| Median List Price | $174,500 |
| Price Per Sq Ft | $159 |
Rent
| Census Median Rent | $1,183 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 221 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.1% |
| Homes Sold | 1 |
| Active Inventory | 11 |
| Price Per Sq Ft | $159 |
Ownership & Stock
| Owner-Occupied | 60.0% |
| Renter-Occupied | 40.0% |
| Homeownership Rate | 60.0% |
| Total Housing Units | 1,686 |
| Median Year Built | 1969 |
| Rent Burden | 33.5% |
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