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Highland Park, IL

Full City Profile · Illinois · Lake County County

3.9 /5.0
B+ Good
30,229 Population 2,472/sq mi density
$161,875 Median Income $96,970 per capita
$594,400 Home Value $740,126 Zillow
$1,903 Median Rent 35.3% income on rent
50°F Avg Temperature 260 sunny days/yr
98 Violent Crime/100K 696 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$161,875 median income, 2.1% unemployment
A+
Affordability
4.6 / 5.0
$594,400 home value, $1,903/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
A+
Education
5.0 / 5.0
76.1% bachelor's degree or higher

Housing Overview

Median Home Value
$594,400
111% above
US avg: $281,900
Median Rent
$1,903/mo
64% above
US avg: $1,163/mo
Homeownership Rate
83.7%
28% above US avg (65.4%)
Total Housing Units
12,623
Median year built: 1963

Home Value by Source

Census Median
$594,400
Zillow (ZHVI)
$740,126
Median Sale Price
$750,000
Median List Price
$899,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.7%
Owner-Occupied
16.3%
Renter-Occupied
84%
16%
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: $1,903/mo · Zillow rent: $2,998/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
20.3%
of listings with price reduction
Price Per Sq Ft
$322
Active Inventory
74
homes for sale

Affordability & Housing Stock

Rent Burden
35.3%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
83.7%

Complete Housing Data

Home Values

Census Median Value$594,400
Zillow Home Value (ZHVI)$740,126
Median Sale Price$750,000
Median List Price$899,000
Price Per Sq Ft$322

Rent

Census Median Rent$1,903
Zillow Rent (ZORI)$2,998
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 Market29
Sale-to-List Ratio1.0%
Price Drops20.3%
Homes Sold21
Active Inventory74
Price Per Sq Ft$322

Ownership & Stock

Owner-Occupied83.7%
Renter-Occupied16.3%
Homeownership Rate83.7%
Total Housing Units12,623
Median Year Built1963
Rent Burden35.3%