Homewood, IL
Full City Profile · Illinois · Lake County County
3.7
/5.0
B+
Good
19,471
Population
3,730/sq mi density
$96,522
Median Income
$39,955 per capita
$210,500
Home Value
$253,699 Zillow
$1,422
Median Rent
32.1% income on rent
50°F
Avg Temperature
181
Violent Crime/100K
2,096 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$96,522 median income, 7.1% unemployment
A+
Affordability
5.0 / 5.0
$210,500 home value, $1,422/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
A+
Education
4.7 / 5.0
46.1% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
-3.9%
19,451 → 18,685
over 10 years
Annual Pop. Growth
-0.4%
Compound annual growth rate
Median Income Change
+37.7%
$70,121 → $96,522
nominal, not inflation-adjusted
Annual Income Growth
+3.25%
Compound annual growth rate
Population Over Time
Total population for Homewood across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
18,168
-517 from 2023 (18,685)
Projected Median Income 2030
$120,742
+$24,220 from 2023 ($96,522)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 19,451 | - | $70,121 | - |
| 2015 | 19,354 | -0.5% | $68,384 | -2.5% |
| 2017 | 19,048 | -1.6% | $72,955 | +6.7% |
| 2019 | 18,689 | -1.9% | $74,450 | +2% |
| 2021 | 19,001 | +1.7% | $81,940 | +10.1% |
| 2023 | 18,685 | -1.7% | $96,522 | +17.8% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.