Cost of Living in Northbrook, IL
Population: 34,642 • 2026 Data
$155,321
Median Household Income
+101% vs national
$2,334
Median Monthly Rent
+73% vs national
$644,100
Median Home Value
+90% vs national
3.2%
Unemployment Rate
Housing in Northbrook
The median home value in Northbrook, IL is $644,100. Monthly rent for a typical unit averages $2,334, while total monthly housing costs (including utilities and insurance) average $2,417.
Rent-to-income ratio: 18.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Northbrook, IL is $155,321. The unemployment rate stands at 3.2%, with a labor force of 17,081 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.