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Northbrook, IL

Full City Profile · Illinois · Lake County County

3.8 /5.0
B+ Good
34,642 Population 2,614/sq mi density
$155,321 Median Income $85,680 per capita
$644,100 Home Value $664,345 Zillow
$2,334 Median Rent 31.5% income on rent
50°F Avg Temperature 260 sunny days/yr
27 Violent Crime/100K 1,448 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$155,321 median income, 2.0% unemployment
A
Affordability
4.3 / 5.0
$644,100 home value, $2,334/mo rent
F
Safety
1.0 / 5.0
27 violent crimes/100K
A+
Education
5.0 / 5.0
73.1% bachelor's degree or higher

Housing Overview

Median Home Value
$644,100
128% above
US avg: $281,900
Median Rent
$2,334/mo
101% above
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
14,866
Median year built: 1975

Home Value by Source

Census Median
$644,100
Zillow (ZHVI)
$664,345
Median Sale Price
$1,130,000
Median List Price
$619,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.6%
Owner-Occupied
13.4%
Renter-Occupied
87%
13%
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: $2,334/mo · Zillow rent: $3,139/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$344
Active Inventory
99
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
86.6%

Complete Housing Data

Home Values

Census Median Value$644,100
Zillow Home Value (ZHVI)$664,345
Median Sale Price$1,130,000
Median List Price$619,000
Price Per Sq Ft$344

Rent

Census Median Rent$2,334
Zillow Rent (ZORI)$3,139
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 Market41
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold14
Active Inventory99
Price Per Sq Ft$344

Ownership & Stock

Owner-Occupied86.6%
Renter-Occupied13.4%
Homeownership Rate86.6%
Total Housing Units14,866
Median Year Built1975
Rent Burden31.5%