Living in Preston Heights, Illinois
Cost of living, income, home prices, rent and demographics of Preston Heights · Census data 2020–2024
Preston Heights has 2,449 residents with a median age of 39.4. The median household income is $51,625 (38% lower than the Illinois median), the median home value is $144,100, the median rent is $1,197/month.
Preston Heights at a glance
- Population
- 2,449
- Median age
- 39.4State: 39
- Median household income
- $51,625State: $83,390
- Median home value
- $144,100State: $263,300
- Median rent
- $1,197/moState: $1,274
- Homeowners
- 58%
- Bachelor's degree or higher
- 8.1%
- Average commute
- 23 min
Is Preston Heights a good place to live?
Pros: Home values 45% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 38% lower than the Illinois median; unemployment of 7.2%; a poverty rate of 22.8%.
The weather is best in June to September.
Cost of living in Preston Heights
Housing is the biggest part of the cost of living. In Preston Heights the median home value is $144,100, 57% lower than the U.S. median. Renters pay a median of $1,197 per month, which is 39.6% of household income. Homeowners with a mortgage pay $1,454 a month in housing costs.
Preston Heights median household income
The median household income in Preston Heights is $51,625 and the income per person is $25,593. 22.8% of residents live below the poverty line (Illinois: 11.8%).
Housing in Preston Heights: homes for sale and rent
- Housing units
- 1,080
- Owner-occupied
- 58%
- Renter-occupied
- 42%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.39
Preston Heights demographics
- Population
- 2,449
- Median age
- 39.4
- Under 18
- 20.4%
- 65 and older
- 16.5%
- Households
- 1,016
- Foreign-born
- 12.5%
- Veterans
- 9.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Preston Heights ›
Education in Preston Heights
8.1% of adults 25 and older in Preston Heights have a bachelor's degree or higher (Illinois: 37.8%), and 2.9% have a graduate or professional degree.
Jobs and commute in Preston Heights
- Unemployment rate
- 7.2%State: 5.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 8.4%
- Drive alone
- 71.6%
- Public transit
- 1.2%
- Walk to work
- 2.4%
- Homes with broadband
- 84.3%
Preston Heights vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Preston Heights | 2,449 | $51,625 | $144,100 | $1,197 |
| Rockdale | 2,553 | $59,135 | $188,300 | $1,256 |
| Ingalls Park | 3,015 | $57,917 | $157,800 | $1,408 |
| Ridgewood | 2,795 | $92,500 | $161,300 | $1,634 |
| Joliet | 150,445 | $92,201 | $265,800 | $1,276 |
| Fairmont | 2,617 | $70,795 | $182,300 | $1,455 |
| Elwood | 2,001 | $86,458 | $237,500 | $1,201 |
| New Lenox | 28,006 | $140,865 | $399,900 | $1,431 |
| Crest Hill | 20,628 | $73,033 | $232,900 | $1,481 |
More for people moving to Preston Heights
Preston Heights ZIP code ›Weather and climate ›Living in Preston Heights: FAQ
What is the median household income in Preston Heights, IL?
The median household income in Preston Heights is $51,625, 38% 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 Preston Heights?
The median home value in Preston Heights is $144,100, compared with $263,300 in Illinois.
How much is rent in Preston Heights?
The median gross rent in Preston Heights is $1,197 per month, about 39.6% of household income.
Is Preston Heights, IL a good place to live?
Pluses: home values 45% lower than the state median; an average commute of 23 minutes. Minuses: median household income 38% lower than the Illinois median; unemployment of 7.2%; a poverty rate of 22.8%.
What is the median age in Preston Heights?
The median age in Preston Heights is 39.4 years (Illinois: 39).
How long is the commute in Preston Heights?
The average commute to work in Preston Heights is 23 minutes; 8.4% of workers work from home.
What is the unemployment rate in Preston Heights?
The unemployment rate in Preston Heights is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Preston Heights?
8.1% of adults in Preston Heights 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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