Living in Lynwood, Illinois
Cost of living, income, home prices, rent and demographics of Lynwood · Census data 2020–2024
Lynwood has 9,083 residents with a median age of 39.4. The median household income is $85,237 (about the same as the Illinois median), the median home value is $218,000, the median rent is $1,368/month.
Lynwood at a glance
- Population
- 9,083
- Median age
- 39.4State: 39
- Median household income
- $85,237State: $83,390
- Median home value
- $218,000State: $263,300
- Median rent
- $1,368/moState: $1,274
- Homeowners
- 75%
- Bachelor's degree or higher
- 31.4%
- Average commute
- 50 min
Is Lynwood a good place to live?
Pros: Median household income about the same as the Illinois median; home values 17% lower than the state median; unemployment of 5.7%; a poverty rate of 9.2%.
Cons: An average commute of 50 minutes.
The weather is best in June to September.
Cost of living in Lynwood
Housing is the biggest part of the cost of living. In Lynwood the median home value is $218,000, 34% lower than the U.S. median. Renters pay a median of $1,368 per month, which is 28.6% of household income. Homeowners with a mortgage pay $2,117 a month in housing costs.
Lynwood median household income
The median household income in Lynwood is $85,237 and the income per person is $39,120. 9.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lynwood: homes for sale and rent
- Housing units
- 3,663
- Owner-occupied
- 75%
- Renter-occupied
- 25%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.68
Lynwood demographics
- Population
- 9,083
- Median age
- 39.4
- Under 18
- 20.9%
- 65 and older
- 20.2%
- Households
- 3,391
- Foreign-born
- 6.1%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lynwood ›
Education in Lynwood
31.4% of adults 25 and older in Lynwood have a bachelor's degree or higher (Illinois: 37.8%), and 9.1% have a graduate or professional degree.
Jobs and commute in Lynwood
- Unemployment rate
- 5.7%State: 5.8%
- Average commute
- 50 minState: 28 min
- Work from home
- 15.6%
- Drive alone
- 69.8%
- Public transit
- 1.7%
- Walk to work
- 0.4%
- Homes with broadband
- 93.5%
Lynwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lynwood | 9,083 | $85,237 | $218,000 | $1,368 |
| Ford Heights | 1,331 | $36,053 | $66,300 | $1,056 |
| Sauk Village | 9,678 | $69,973 | $110,800 | $1,502 |
| Dyer | 16,400 | $107,159 | $322,200 | $1,225 |
| Lansing | 28,284 | $75,569 | $177,000 | $1,268 |
| Munster | 23,733 | $110,187 | $334,300 | $1,507 |
| Glenwood | 8,603 | $77,391 | $198,100 | $1,493 |
| Plum Valley | 520 | $142,169 | $339,200 | — |
| Chicago Heights | 26,736 | $54,798 | $161,000 | $1,038 |
More for people moving to Lynwood
Lynwood ZIP code ›Weather and climate ›Living in Lynwood: FAQ
What is the median household income in Lynwood, IL?
The median household income in Lynwood is $85,237, about the same as 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 Lynwood?
The median home value in Lynwood is $218,000, compared with $263,300 in Illinois.
How much is rent in Lynwood?
The median gross rent in Lynwood is $1,368 per month, about 28.6% of household income.
Is Lynwood, IL a good place to live?
Pluses: median household income about the same as the Illinois median; home values 17% lower than the state median; unemployment of 5.7%; a poverty rate of 9.2%. Minuses: an average commute of 50 minutes.
What is the median age in Lynwood?
The median age in Lynwood is 39.4 years (Illinois: 39).
How long is the commute in Lynwood?
The average commute to work in Lynwood is 50 minutes; 15.6% of workers work from home.
What is the unemployment rate in Lynwood?
The unemployment rate in Lynwood is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lynwood?
31.4% of adults in Lynwood 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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