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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

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.