Cook County
Illinois · Pop. 5,150,233
Ranked #73 of 200 counties
46Moderate
Median Home Price
🏠$320K
3.5% YoY
Median Rent
🔑$1,400
Median Income
💰$68K
Rent Burden
📊32.0%
% of income to rent
Housing Shortage
🏗️65,000
estimated unit deficit
Building Permits (2024)
📋12,500
Price-to-Income Ratio
⚖️4.7x
Homeownership Rate
🏡56.5%
How Cook County Compares
| Metric | Cook County | Illinois | National |
|---|---|---|---|
| Home Price | $320K | $263K | $410K |
| Rent | $1,400 | $1,238 | $1,500 |
| Income | $68K | $80K | $75K |
| Rent Burden | 32.0% | 32.5% | 30.0% |
| Homeownership | 56.5% | 67.0% | 65.0% |
Key Takeaways
- • Home prices are 22% below the national average.
- • Rent is 7% below the national average.
- • The county has an estimated housing shortage of 65,000 units.
- • 12,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.