Cost of Living in Gurnee, IL
Population: 30,486 • 2026 Data
$121,410
Median Household Income
+57% vs national
$1,594
Median Monthly Rent
+18% vs national
$331,100
Median Home Value
-2% vs national
3.7%
Unemployment Rate
Housing in Gurnee
The median home value in Gurnee, IL is $331,100. Monthly rent for a typical unit averages $1,594, while total monthly housing costs (including utilities and insurance) average $1,740.
Rent-to-income ratio: 15.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Gurnee, IL is $121,410. The unemployment rate stands at 3.7%, with a labor force of 17,619 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.