Living in Park City, Illinois
Cost of living, income, home prices, rent and demographics of Park City · Census data 2020–2024
Park City has 7,827 residents with a median age of 34.5. The median household income is $60,171 (28% lower than the Illinois median), the median home value is $57,400, the median rent is $1,110/month.
Park City at a glance
- Population
- 7,827
- Median age
- 34.5State: 39
- Median household income
- $60,171State: $83,390
- Median home value
- $57,400State: $263,300
- Median rent
- $1,110/moState: $1,274
- Homeowners
- 62.9%
- Bachelor's degree or higher
- 18%
- Average commute
- 25 min
Is Park City a good place to live?
Pros: Home values 78% lower than the state median; an average commute of 25 minutes; a poverty rate of 9.6%.
Cons: Median household income 28% lower than the Illinois median; unemployment of 7.1%.
The weather is best in June to September.
Cost of living in Park City
Housing is the biggest part of the cost of living. In Park City the median home value is $57,400, 83% lower than the U.S. median. Renters pay a median of $1,110 per month, which is 29.5% of household income. Homeowners with a mortgage pay $1,544 a month in housing costs.
Park City median household income
The median household income in Park City is $60,171 and the income per person is $26,067. 9.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Park City: homes for sale and rent
- Housing units
- 2,840
- Owner-occupied
- 62.9%
- Renter-occupied
- 37.1%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.85
Park City demographics
- Population
- 7,827
- Median age
- 34.5
- Under 18
- 25%
- 65 and older
- 10.3%
- Households
- 2,745
- Foreign-born
- 38.4%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Park City ›
Education in Park City
18% of adults 25 and older in Park City have a bachelor's degree or higher (Illinois: 37.8%), and 6.5% have a graduate or professional degree.
Jobs and commute in Park City
- Unemployment rate
- 7.1%State: 5.8%
- Average commute
- 25 minState: 28 min
- Work from home
- 2.8%
- Drive alone
- 81.3%
- Public transit
- 1%
- Walk to work
- 0%
- Homes with broadband
- 91.7%
Park City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Park City | 7,827 | $60,171 | $57,400 | $1,110 |
| Waukegan | 89,076 | $71,919 | $190,900 | $1,205 |
| Gurnee | 30,510 | $119,628 | $344,300 | $1,655 |
| North Chicago | 30,643 | $60,172 | $159,600 | $1,426 |
| Green Oaks | 4,096 | $147,614 | $673,100 | $1,356 |
| Gages Lake | 10,819 | $103,318 | $310,500 | $1,693 |
| Knollwood | 1,864 | $138,618 | $393,000 | $1,659 |
| Lake Bluff | 6,041 | $204,000 | $776,700 | $2,063 |
| Grandwood Park | 5,262 | $126,736 | $330,500 | $1,836 |
More for people moving to Park City
Park City ZIP code ›Weather and climate ›Living in Park City: FAQ
What is the median household income in Park City, IL?
The median household income in Park City is $60,171, 28% 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 Park City?
The median home value in Park City is $57,400, compared with $263,300 in Illinois.
How much is rent in Park City?
The median gross rent in Park City is $1,110 per month, about 29.5% of household income.
Is Park City, IL a good place to live?
Pluses: home values 78% lower than the state median; an average commute of 25 minutes; a poverty rate of 9.6%. Minuses: median household income 28% lower than the Illinois median; unemployment of 7.1%.
What is the median age in Park City?
The median age in Park City is 34.5 years (Illinois: 39).
How long is the commute in Park City?
The average commute to work in Park City is 25 minutes; 2.8% of workers work from home.
What is the unemployment rate in Park City?
The unemployment rate in Park City is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Park City?
18% of adults in Park City 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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