Cost of Living in North Chicago, IL
Population: 30,772 • 2026 Data
$56,815
Median Household Income
-27% vs national
$1,392
Median Monthly Rent
+3% vs national
$147,800
Median Home Value
-56% vs national
4.7%
Unemployment Rate
Housing in North Chicago
The median home value in North Chicago, IL is $147,800. Monthly rent for a typical unit averages $1,392, while total monthly housing costs (including utilities and insurance) average $1,346.
Rent-to-income ratio: 29.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in North Chicago, IL is $56,815. The unemployment rate stands at 4.7%, with a labor force of 19,563 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.