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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
60%
40%
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 Market221
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold1
Active Inventory11
Price Per Sq Ft$159

Ownership & Stock

Owner-Occupied60.0%
Renter-Occupied40.0%
Homeownership Rate60.0%
Total Housing Units1,686
Median Year Built1969
Rent Burden33.5%