Cost of Living in Arlington Heights, IL
Population: 76,220 • 2026 Data
$118,532
Median Household Income
+53% vs national
$1,727
Median Monthly Rent
+28% vs national
$403,200
Median Home Value
+19% vs national
3.6%
Unemployment Rate
Housing in Arlington Heights
The median home value in Arlington Heights, IL is $403,200. Monthly rent for a typical unit averages $1,727, while total monthly housing costs (including utilities and insurance) average $1,765.
Rent-to-income ratio: 17.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Arlington Heights, IL is $118,532. The unemployment rate stands at 3.6%, with a labor force of 40,762 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.