MyNeighborhood

Can you afford to live in Wauconda?

Median household income, home values and rent in Wauconda, 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 Wauconda.

Median household income: $112,438 — +50.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,304/mo — +34.4% since 2015

Median home value, 2015 to 2023

  • 2015: 205700
  • 2023: 268300

Median household income

  • Wauconda: 112438
  • Lake County: 108917
  • IL: 81702
  • U.S.: 78538

Median gross rent

  • Wauconda: 1304
  • Lake County: 1434
  • IL: 1227
  • U.S.: 1348

Share of income a typical renter spends on rent: 25.4% — U.S.: 30.2%

What it means

The typical household here earns $112,438 — far higher than the national figure of $78,538.

The typical renter here spends 25.4% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+50.6% versus +34.4%), before adjusting for inflation.

Sources

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