Cost of Living in Libertyville, Illinois
Libertyville has a population of about 20,525. The median household income is $165,667, median gross rent is $1,637/month, and the median home value is $512,000. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Libertyville expensive to live in?
Compared with the national median in this dataset, rent in Libertyville is about the national median and home values are 37% above the national median. Household income here is 97% above the national median. Monthly rent represents roughly 12% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Libertyville?
The median gross rent in Libertyville, Illinois is $1,637 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Libertyville?
The median owner-occupied home value in Libertyville is $512,000 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Libertyville?
The median household income in Libertyville is $165,667 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.