Living in Deerfield, Illinois
Cost of living, income, home prices, rent and demographics of Deerfield · Census data 2020–2024
Deerfield has 19,518 residents with a median age of 44.5. The median household income is $181,660 (118% higher than the Illinois median), the median home value is $623,400, the median rent is $2,482/month.
Deerfield at a glance
- Population
- 19,518
- Median age
- 44.5State: 39
- Median household income
- $181,660State: $83,390
- Median home value
- $623,400State: $263,300
- Median rent
- $2,482/moState: $1,274
- Homeowners
- 82.5%
- Bachelor's degree or higher
- 82.1%
- Average commute
- 28 min
Is Deerfield a good place to live?
Pros: Median household income 118% higher than the Illinois median; an average commute of 28 minutes; unemployment of 2.7%; a poverty rate of 2.8%.
Cons: Home values 137% higher than the state median.
The weather is best in June to September.
Cost of living in Deerfield
Housing is the biggest part of the cost of living. In Deerfield the median home value is $623,400, 87% higher than the U.S. median. Renters pay a median of $2,482 per month, which is 36% of household income. Homeowners with a mortgage pay $3,731 a month in housing costs.
Deerfield median household income
The median household income in Deerfield is $181,660 and the income per person is $94,846. 2.8% of residents live below the poverty line (Illinois: 11.8%).
Housing in Deerfield: homes for sale and rent
- Housing units
- 7,800
- Owner-occupied
- 82.5%
- Renter-occupied
- 17.5%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.59
Deerfield demographics
- Population
- 19,518
- Median age
- 44.5
- Under 18
- 24.4%
- 65 and older
- 19.8%
- Households
- 7,515
- Foreign-born
- 9.1%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Deerfield ›
Education in Deerfield
82.1% of adults 25 and older in Deerfield have a bachelor's degree or higher (Illinois: 37.8%), and 41.3% have a graduate or professional degree.
Jobs and commute in Deerfield
- Unemployment rate
- 2.7%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 28.5%
- Drive alone
- 60.1%
- Public transit
- 6.5%
- Walk to work
- 0.6%
- Homes with broadband
- 96.7%
Deerfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Deerfield | 19,518 | $181,660 | $623,400 | $2,482 |
| Bannockburn | 1,148 | $214,000 | $1,037,200 | — |
| Riverwoods | 4,013 | $249,205 | $800,700 | $1,842 |
| Highland Park | 30,398 | $168,094 | $607,300 | $1,925 |
| Northbrook | 34,585 | $157,782 | $652,300 | $2,463 |
| Highwood | 5,301 | $107,875 | $405,400 | $1,900 |
| Lincolnshire | 7,980 | $185,580 | $677,700 | $2,858 |
| Wheeling | 38,433 | $85,205 | $266,200 | $1,663 |
| Lake Forest | 19,416 | $235,081 | $938,300 | $1,815 |
More for people moving to Deerfield
Deerfield ZIP code ›Weather and climate ›Living in Deerfield: FAQ
What is the median household income in Deerfield, IL?
The median household income in Deerfield is $181,660, 118% higher 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 Deerfield?
The median home value in Deerfield is $623,400, compared with $263,300 in Illinois.
How much is rent in Deerfield?
The median gross rent in Deerfield is $2,482 per month, about 36% of household income.
Is Deerfield, IL a good place to live?
Pluses: median household income 118% higher than the Illinois median; an average commute of 28 minutes; unemployment of 2.7%; a poverty rate of 2.8%. Minuses: home values 137% higher than the state median.
What is the median age in Deerfield?
The median age in Deerfield is 44.5 years (Illinois: 39).
How long is the commute in Deerfield?
The average commute to work in Deerfield is 28 minutes; 28.5% of workers work from home.
What is the unemployment rate in Deerfield?
The unemployment rate in Deerfield is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Deerfield?
82.1% of adults in Deerfield 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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