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Northlake, IL

Full City Profile · Illinois · Cook County County

3.1 /5.0
B Good
12,547 Population 3,946/sq mi density
$77,564 Median Income $30,252 per capita
$242,400 Home Value $289,220 Zillow
$1,164 Median Rent 29.6% income on rent
51°F Avg Temperature 275 sunny days/yr
164 Violent Crime/100K 2,266 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$77,564 median income, 2.7% unemployment
A+
Affordability
4.9 / 5.0
$242,400 home value, $1,164/mo rent
F
Safety
1.0 / 5.0
164 violent crimes/100K
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Housing Overview

Median Home Value
$242,400
14% below
US avg: $281,900
Median Rent
$1,164/mo
0% below
US avg: $1,163/mo
Homeownership Rate
67.5%
3% above US avg (65.4%)
Total Housing Units
4,704
Median year built: 1958

Home Value by Source

Census Median
$242,400
Zillow (ZHVI)
$289,220
Median Sale Price
$272,500
Median List Price
$349,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.5%
Owner-Occupied
32.5%
Renter-Occupied
68%
33%
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: $1,164/mo

Market Indicators (Redfin)

Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$253
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
67.5%

Complete Housing Data

Home Values

Census Median Value$242,400
Zillow Home Value (ZHVI)$289,220
Median Sale Price$272,500
Median List Price$349,900
Price Per Sq Ft$253

Rent

Census Median Rent$1,164
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 Market37
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold6
Active Inventory18
Price Per Sq Ft$253

Ownership & Stock

Owner-Occupied67.5%
Renter-Occupied32.5%
Homeownership Rate67.5%
Total Housing Units4,704
Median Year Built1958
Rent Burden29.6%