Cost of Living in Morton Grove, Illinois
Morton Grove has a population of about 24,619. The median household income is $111,116, median gross rent is $2,164/month, and the median home value is $389,100. 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 Morton Grove expensive to live in?
Compared with the national median in this dataset, rent in Morton Grove is 31% above the national median and home values are 4% above the national median. Household income here is 32% above the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Morton Grove?
The median gross rent in Morton Grove, Illinois is $2,164 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Morton Grove?
The median owner-occupied home value in Morton Grove is $389,100 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Morton Grove?
The median household income in Morton Grove is $111,116 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.