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Merrionette Park, IL
Full City Profile · Illinois · Cook County County
3.0
/5.0
B
Good
2,144
Population
5,642/sq mi density
$53,623
Median Income
$40,520 per capita
$152,600
Home Value
$221,315 Zillow
$1,197
Median Rent
21.7% income on rent
53°F
Avg Temperature
275 sunny days/yr
185
Violent Crime/100K
2,909 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$53,623 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$152,600 home value, $1,197/mo rent
F
Safety
1.0 / 5.0
185 violent crimes/100K
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Housing Overview
Median Home Value
$152,600
46% below
US avg: $281,900
Median Rent
$1,197/mo
3% above
US avg: $1,163/mo
Homeownership Rate
78.7%
20% above US avg (65.4%)
Total Housing Units
1,035
Median year built: 1964
Home Value by Source
Census Median
$152,600
Zillow (ZHVI)
$221,315
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.7%
Owner-Occupied
21.3%
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:
$1,197/mo
Affordability & Housing Stock
Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
78.7%
Complete Housing Data
Home Values
| Census Median Value | $152,600 |
| Zillow Home Value (ZHVI) | $221,315 |
Rent
| Census Median Rent | $1,197 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 78.7% |
| Renter-Occupied | 21.3% |
| Homeownership Rate | 78.7% |
| Total Housing Units | 1,035 |
| Median Year Built | 1964 |
| Rent Burden | 21.7% |