All Countries
Homewood, IL
Full City Profile · Illinois · Lake County County
3.8
/5.0
B+
Good
19,471
Population
3,730/sq mi density
$96,522
Median Income
$39,955 per capita
$210,500
Home Value
$239,978 Zillow
$1,422
Median Rent
32.1% income on rent
53°F
Avg Temperature
275 sunny days/yr
186
Violent Crime/100K
4,280 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$96,522 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$210,500 home value, $1,422/mo rent
F
Safety
1.0 / 5.0
186 violent crimes/100K
A+
Education
4.7 / 5.0
46.1% bachelor's degree or higher
Income Overview
Median Household Income
$96,522
28% above
US avg: $75,149
Per Capita Income
$39,955
2% above
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
7.2%
42% below
US avg: 12.4%
Income Comparison: Homewood vs. U.S. Average
Each bar shows Homewood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$96,522
128%
Per Capita
US: $39,052
$39,955
102%
IRS Avg AGI
US: $72,000
$69,524
97%
Avg Weekly Wage
US: $1,432
$1,177
82%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,177
18% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
13.0%
14% below US avg (15.2%)
Drive Alone
62.6%
15% below US avg (73.2%)
Public Transit
11.3%
125% above US avg (5.0%)
County GDP
$31,242M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
62.6%
Public Transit
11.3%
Work From Home
13%
Other
13.1%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,872
Restaurants
1,110
Healthcare
1,376
Retail
1,546
Manufacturing
366
Tax & Financial
IRS Avg Adjusted Gross Income
$69,524
3% below US avg ($72,000)
Avg Property Tax
$4,190
20% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $96,522 |
| Per Capita Income | $39,955 |
| IRS Avg Adjusted Gross Income | $69,524 |
| Avg Weekly Wage | $1,177 |
| County GDP | $31,242M |
Hardship Indicators
| Unemployment Rate | 4.6% |
| Poverty Rate | 7.2% |
| Gini Coefficient | 0.453 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 62.6% |
| Public Transit | 11.3% |
| Work From Home | 13.0% |
Businesses
| Total Establishments | 11,872 |
| Restaurants | 1,110 |
| Healthcare | 1,376 |
| Retail | 1,546 |
| Manufacturing | 366 |
Tax
| IRS Avg AGI | $69,524 |
| Avg Property Tax | $4,190 |