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Vernon Hills, IL
Full City Profile · Illinois · Lake County County
3.9
/5.0
B+
Good
26,772
Population
3,459/sq mi density
$120,625
Median Income
$61,972 per capita
$384,800
Home Value
$439,030 Zillow
$1,855
Median Rent
26.9% income on rent
51°F
Avg Temperature
260 sunny days/yr
67
Violent Crime/100K
1,620 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$120,625 median income, 2.6% unemployment
A+
Affordability
4.9 / 5.0
$384,800 home value, $1,855/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
A+
Education
5.0 / 5.0
66.6% bachelor's degree or higher
Housing Overview
Median Home Value
$384,800
37% above
US avg: $281,900
Median Rent
$1,855/mo
60% above
US avg: $1,163/mo
Homeownership Rate
66.3%
1% above US avg (65.4%)
Total Housing Units
11,132
Median year built: 1990
Home Value by Source
Census Median
$384,800
Zillow (ZHVI)
$439,030
Median Sale Price
$488,000
Median List Price
$472,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.3%
Owner-Occupied
33.7%
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:
$1,855/mo
· Zillow rent:
$2,307/mo
Market Indicators (Redfin)
Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
22
Price Drops
9.4%
of listings with price reduction
Price Per Sq Ft
$238
Active Inventory
53
homes for sale
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
66.3%
Complete Housing Data
Home Values
| Census Median Value | $384,800 |
| Zillow Home Value (ZHVI) | $439,030 |
| Median Sale Price | $488,000 |
| Median List Price | $472,000 |
| Price Per Sq Ft | $238 |
Rent
| Census Median Rent | $1,855 |
| Zillow Rent (ZORI) | $2,307 |
| 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 Market | 68 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.4% |
| Homes Sold | 22 |
| Active Inventory | 53 |
| Price Per Sq Ft | $238 |
Ownership & Stock
| Owner-Occupied | 66.3% |
| Renter-Occupied | 33.7% |
| Homeownership Rate | 66.3% |
| Total Housing Units | 11,132 |
| Median Year Built | 1990 |
| Rent Burden | 26.9% |