Cost of Living in Wheaton, IL
Population: 53,453 • 2026 Data
$119,566
Median Household Income
+54% vs national
$1,731
Median Monthly Rent
+28% vs national
$447,700
Median Home Value
+32% vs national
3.5%
Unemployment Rate
Housing in Wheaton
The median home value in Wheaton, IL is $447,700. Monthly rent for a typical unit averages $1,731, while total monthly housing costs (including utilities and insurance) average $1,969.
Rent-to-income ratio: 17.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Wheaton, IL is $119,566. The unemployment rate stands at 3.5%, with a labor force of 27,792 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.