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Wilmette, IL

Full City Profile · Illinois · Lake County County

3.8 /5.0
B+ Good
27,550 Population 5,102/sq mi density
$192,300 Median Income $109,840 per capita
$802,200 Home Value $930,492 Zillow
$1,968 Median Rent 27.3% income on rent
50°F Avg Temperature 260 sunny days/yr
33 Violent Crime/100K 806 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$192,300 median income, 2.6% unemployment
A
Affordability
4.3 / 5.0
$802,200 home value, $1,968/mo rent
F
Safety
1.0 / 5.0
33 violent crimes/100K
A+
Education
5.0 / 5.0
84.6% bachelor's degree or higher

Housing Overview

Median Home Value
$802,200
185% above
US avg: $281,900
Median Rent
$1,968/mo
69% above
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
10,789
Median year built: 1956

Home Value by Source

Census Median
$802,200
Zillow (ZHVI)
$930,492
Median Sale Price
$1,125,000
Median List Price
$1,000,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
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: $1,968/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
1.7%
of listings with price reduction
Price Per Sq Ft
$386
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$802,200
Zillow Home Value (ZHVI)$930,492
Median Sale Price$1,125,000
Median List Price$1,000,000
Price Per Sq Ft$386

Rent

Census Median Rent$1,968
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 Market54
Sale-to-List Ratio1.0%
Price Drops1.7%
Homes Sold19
Active Inventory58
Price Per Sq Ft$386

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units10,789
Median Year Built1956
Rent Burden27.3%