Cost of Living in Wilmette, IL
Population: 27,550 • 2026 Data
$192,300
Median Household Income
+148% vs national
$1,968
Median Monthly Rent
+46% vs national
$802,200
Median Home Value
+137% vs national
4.3%
Unemployment Rate
Housing in Wilmette
The median home value in Wilmette, IL is $802,200. Monthly rent for a typical unit averages $1,968, while total monthly housing costs (including utilities and insurance) average $3,103.
Rent-to-income ratio: 12.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Wilmette, IL is $192,300. The unemployment rate stands at 4.3%, with a labor force of 12,564 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.