Cost of Living in Vernon Hills, Illinois

Vernon Hills has a population of about 26,876. The median household income is $121,943, median gross rent is $1,903/month, and the median home value is $412,300. 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.

Median Gross Rent $1,903/mo 15% above the national median
Median Home Value $412,300 10% above the national median
Median Household Income $121,943 45% above the national median
Population 26,876

Is Vernon Hills expensive to live in?

Compared with the national median in this dataset, rent in Vernon Hills is 15% above the national median and home values are 10% above the national median. Household income here is 45% above the national median. Monthly rent represents roughly 19% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Vernon Hills?

The median gross rent in Vernon Hills, Illinois is $1,903 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Vernon Hills?

The median owner-occupied home value in Vernon Hills is $412,300 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Vernon Hills?

The median household income in Vernon Hills is $121,943 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.