Cook County, IL

Comprehensive housing, income, and cost of living data for Cook County, Illinois. Population: 5.2M.

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Median Home Price

$305.4K

Based on 164 cities

Median Household Income

$81.8K

Annual household income

Price-to-Income Ratio

3.7x

Moderately affordable

Salary Needed to Buy

$93.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$6,053

Average annual amount

Effective Tax Rate

1.98%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,544

Property Tax$504

Insurance$127

Total Monthly$2,176

Historical Home Prices

2015

$199.2K

2016

$209.6K

+5.2%%

2017

$220.8K

+5.3%%

2018

$228.3K

+3.4%%

2019

$230.6K

+1.0%%

2020

$244.6K

+6.1%%

2021

$266.4K

+8.9%%

2022

$278.3K

+4.5%%

2023

$291.0K

+4.6%%

2024

$303.1K

+4.2%%

2025

$312.8K

+3.2%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

5.2%%

Near national average

Population Density

5,530

People per square mile

Homicide Rate

15.4

Medium (per 100K residents)

Political Lean (2020)

Competitive

D+0

Racial Demographics

White

40.5%

Black

22.1%

Hispanic

26.5%

Asian

7.7%

Two or More Races

2.7%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

50°F

Annual average

Sunny Days

189

Days per year

Annual Rainfall

38.3"

Inches per year

Natural Disaster Risk

High Risk

Score: 100/100

January Low

13°F

Average winter low

July High

81°F

Average summer high

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