Cost of Living in Carpentersville, IL
Population: 37,544 • 2026 Data
$86,327
Median Household Income
+12% vs national
$1,420
Median Monthly Rent
+5% vs national
$225,200
Median Home Value
-34% vs national
6.3%
Unemployment Rate
Housing in Carpentersville
The median home value in Carpentersville, IL is $225,200. Monthly rent for a typical unit averages $1,420, while total monthly housing costs (including utilities and insurance) average $1,468.
Rent-to-income ratio: 19.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Carpentersville, IL is $86,327. The unemployment rate stands at 6.3%, with a labor force of 20,920 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.