Living in Crestwood, Illinois

Cost of living, income, home prices, rent and demographics of Crestwood · Census data 2020–2024

Crestwood has 10,579 residents with a median age of 49.2. The median household income is $75,752 (9% lower than the Illinois median), the median home value is $195,200, the median rent is $1,334/month.

Crestwood at a glance

Population
10,579
Median age
49.2State: 39
Median household income
$75,752State: $83,390
Median home value
$195,200State: $263,300
Median rent
$1,334/moState: $1,274
Homeowners
76.2%
Bachelor's degree or higher
26.2%
Average commute
33 min

Is Crestwood a good place to live?

Pros: Home values 26% lower than the state median.

Cons: Median household income 9% lower than the Illinois median; an average commute of 33 minutes; unemployment of 8.2%; a poverty rate of 13%.

The weather is best in June to September.

Cost of living in Crestwood

Housing is the biggest part of the cost of living. In Crestwood the median home value is $195,200, 41% lower than the U.S. median. Renters pay a median of $1,334 per month, which is 33.1% of household income. Homeowners with a mortgage pay $1,618 a month in housing costs.

Median home value

Crestwood$195,200
Illinois$263,300
United States$332,700

Median monthly rent

Crestwood$1,334
Illinois$1,274
United States$1,413

Crestwood median household income

The median household income in Crestwood is $75,752 and the income per person is $41,223. 13% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Crestwood$75,752
Illinois$83,390
United States$80,734

Housing in Crestwood: homes for sale and rent

Housing units
5,145
Owner-occupied
76.2%
Renter-occupied
23.8%
Vacant
4.7%Includes seasonal homes
Median year built
1976
Average household size
2.02

Crestwood demographics

Population
10,579
Median age
49.2
Under 18
16.7%
65 and older
27.5%
Households
4,902
Foreign-born
12.3%
Veterans
5.8%Adults 18+

Race and ethnicity

White63.4%
Hispanic or Latino13.4%
Black16.3%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Crestwood ›

Education in Crestwood

26.2% of adults 25 and older in Crestwood have a bachelor's degree or higher (Illinois: 37.8%), and 7.5% have a graduate or professional degree.

Bachelor's degree or higher

Crestwood26.2%
Illinois37.8%
United States35.7%

Jobs and commute in Crestwood

Unemployment rate
8.2%State: 5.8%
Average commute
33 minState: 28 min
Work from home
12.9%
Drive alone
79.7%
Public transit
5.5%
Walk to work
0.8%
Homes with broadband
92.4%

Crestwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Crestwood10,579$75,752$195,200$1,334
Midlothian13,948$70,000$207,000$1,249
Robbins4,556$40,668$121,300$1,553
Alsip18,583$66,585$225,000$1,140
Oak Forest26,805$91,990$255,100$1,328
Palos Heights12,152$108,740$367,100$2,558
Posen5,292$73,051$172,900$1,372
Blue Island21,741$59,489$178,700$1,072
Merrionette Park2,354$56,515$173,400$1,296

More for people moving to Crestwood

Crestwood ZIP code ›Weather and climate ›

Living in Crestwood: FAQ

What is the median household income in Crestwood, IL?

The median household income in Crestwood is $75,752, 9% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Crestwood?

The median home value in Crestwood is $195,200, compared with $263,300 in Illinois.

How much is rent in Crestwood?

The median gross rent in Crestwood is $1,334 per month, about 33.1% of household income.

Is Crestwood, IL a good place to live?

Pluses: home values 26% lower than the state median. Minuses: median household income 9% lower than the Illinois median; an average commute of 33 minutes; unemployment of 8.2%; a poverty rate of 13%.

What is the median age in Crestwood?

The median age in Crestwood is 49.2 years (Illinois: 39).

How long is the commute in Crestwood?

The average commute to work in Crestwood is 33 minutes; 12.9% of workers work from home.

What is the unemployment rate in Crestwood?

The unemployment rate in Crestwood is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Crestwood?

26.2% of adults in Crestwood have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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