Living in Green Oaks, Illinois
Cost of living, income, home prices, rent and demographics of Green Oaks · Census data 2020–2024
Green Oaks has 4,096 residents with a median age of 46.2. The median household income is $147,614 (77% higher than the Illinois median), the median home value is $673,100, the median rent is $1,356/month.
Green Oaks at a glance
- Population
- 4,096
- Median age
- 46.2State: 39
- Median household income
- $147,614State: $83,390
- Median home value
- $673,100State: $263,300
- Median rent
- $1,356/moState: $1,274
- Homeowners
- 71.7%
- Bachelor's degree or higher
- 60.9%
- Average commute
- 31 min
Is Green Oaks a good place to live?
Pros: Median household income 77% higher than the Illinois median; a poverty rate of 6.1%.
Cons: Home values 156% higher than the state median; an average commute of 31 minutes; unemployment of 6.3%.
The weather is best in June to September.
Cost of living in Green Oaks
Housing is the biggest part of the cost of living. In Green Oaks the median home value is $673,100, 102% higher than the U.S. median. Renters pay a median of $1,356 per month, which is 32.2% of household income. Homeowners with a mortgage pay $3,887 a month in housing costs.
Green Oaks median household income
The median household income in Green Oaks is $147,614 and the income per person is $82,452. 6.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Green Oaks: homes for sale and rent
- Housing units
- 1,589
- Owner-occupied
- 71.7%
- Renter-occupied
- 28.3%
- Vacant
- 2.3%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.56
Green Oaks demographics
- Population
- 4,096
- Median age
- 46.2
- Under 18
- 22.7%
- 65 and older
- 25.7%
- Households
- 1,552
- Foreign-born
- 13%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Green Oaks ›
Education in Green Oaks
60.9% of adults 25 and older in Green Oaks have a bachelor's degree or higher (Illinois: 37.8%), and 26.8% have a graduate or professional degree.
Jobs and commute in Green Oaks
- Unemployment rate
- 6.3%State: 5.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 27.6%
- Drive alone
- 62.4%
- Public transit
- 4.8%
- Walk to work
- 0%
- Homes with broadband
- 93.3%
Green Oaks vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Green Oaks | 4,096 | $147,614 | $673,100 | $1,356 |
| Knollwood | 1,864 | $138,618 | $393,000 | $1,659 |
| North Chicago | 30,643 | $60,172 | $159,600 | $1,426 |
| Libertyville | 20,525 | $165,667 | $512,000 | $1,637 |
| Lake Bluff | 6,041 | $204,000 | $776,700 | $2,063 |
| Park City | 7,827 | $60,171 | $57,400 | $1,110 |
| Mettawa | 663 | $181,333 | $871,500 | — |
| Gurnee | 30,510 | $119,628 | $344,300 | $1,655 |
| Gages Lake | 10,819 | $103,318 | $310,500 | $1,693 |
More for people moving to Green Oaks
Green Oaks ZIP code ›Weather and climate ›Living in Green Oaks: FAQ
What is the median household income in Green Oaks, IL?
The median household income in Green Oaks is $147,614, 77% 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 Green Oaks?
The median home value in Green Oaks is $673,100, compared with $263,300 in Illinois.
How much is rent in Green Oaks?
The median gross rent in Green Oaks is $1,356 per month, about 32.2% of household income.
Is Green Oaks, IL a good place to live?
Pluses: median household income 77% higher than the Illinois median; a poverty rate of 6.1%. Minuses: home values 156% higher than the state median; an average commute of 31 minutes; unemployment of 6.3%.
What is the median age in Green Oaks?
The median age in Green Oaks is 46.2 years (Illinois: 39).
How long is the commute in Green Oaks?
The average commute to work in Green Oaks is 31 minutes; 27.6% of workers work from home.
What is the unemployment rate in Green Oaks?
The unemployment rate in Green Oaks is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Green Oaks?
60.9% of adults in Green Oaks 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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