MyNeighborhood

Can you afford to live in Evanston?

Median household income, home values and rent in Evanston, IL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Evanston.

Median household income: $95,766 — +36.7% since 2015 (not adjusted for inflation)

Median gross rent: $1,698/mo — +41.5% since 2015

Median home value, 2015 to 2023

  • 2015: 348600
  • 2023: 472300

Median household income

  • Evanston: 95766
  • Cook County: 81797
  • IL: 81702
  • U.S.: 78538

Median gross rent

  • Evanston: 1698
  • Cook County: 1381
  • IL: 1227
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.7% — U.S.: 30.2%

What it means

The typical household here earns $95,766 — notably higher than the national figure of $78,538.

The typical renter here spends 29.7% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+41.5% versus +36.7%), before adjusting for inflation.

Sources

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