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
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 Market | 29 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.3% |
| Homes Sold | 21 |
| Active Inventory | 74 |
| Price Per Sq Ft | $322 |
Ownership & Stock
| Owner-Occupied | 83.7% |
| Renter-Occupied | 16.3% |
| Homeownership Rate | 83.7% |
| Total Housing Units | 12,623 |
| Median Year Built | 1963 |
| Rent Burden | 35.3% |
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