MyNeighborhood

Can you afford to live in Waukegan?

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

Median household income: $70,578 — +53.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,163/mo — +31.7% since 2015

Median home value, 2015 to 2023

  • 2015: 121200
  • 2023: 177600

Median household income

  • Waukegan: 70578
  • Lake County: 108917
  • IL: 81702
  • U.S.: 78538

Median gross rent

  • Waukegan: 1163
  • Lake County: 1434
  • IL: 1227
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.7% — U.S.: 30.2%

What it means

The typical household here earns $70,578 — slightly lower than the national figure of $78,538.

The typical renter here spends 27.7% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+53.9% versus +31.7%), before adjusting for inflation.

Sources

Loading the live page…