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Cost of Living in Woodridge, IL

Population 33,941 · Census ACS 2020–2024 5-year estimates

Median rent$1,494
Median home value$363,700
Median household income$101,000

The median rent in Woodridge, IL is $1,494/month, 17% higher than the Illinois median and 6% higher than the U.S. median. The median home value is $363,700, 9% higher than the national median. Households earn a median of $101,000 a year, 21% higher than the state median.

Affordability

Rent as a share of median income: 17.8%
Income needed for median rent (30% rule): $59,760/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,839/mo

Run your own numbers: mortgage calculator · hourly to salary

Woodridge vs. Illinois vs. U.S.

WoodridgeIllinoisU.S.
Median rent$1,494$1,274$1,413
Median home value$363,700$263,300$332,700
Median household income$101,000$83,390$80,734
Homeownership rate68.0%67.1%65.2%
Bachelor's degree or higher46.5%37.8%35.7%
Poverty rate5.5%11.8%12.5%
Unemployment rate4.2%5.8%5.2%
Work from home23.3%15.9%15.1%
Median age37.539.038.9

FAQ

What is the average rent in Woodridge, IL?

The median gross rent in Woodridge, IL is $1,494 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Woodridge, IL?

Using the common 30% rule, renting a median-priced home takes about $59,760 a year in gross income.

Is Woodridge, IL expensive to live in?

Rent there is 6% higher than the U.S. median, and the median home costs about 3.6 times the median household income.

Other cities in Illinois

Chicago, ILRent $1,440 · Income $77,902Aurora, ILRent $1,596 · Income $93,633Naperville, ILRent $1,885 · Income $155,105Joliet, ILRent $1,276 · Income $92,201Rockford, ILRent $985 · Income $54,752Elgin, ILRent $1,361 · Income $90,282

Cities with a similar cost of living

Crown Point, INRent $1,485 · Income $101,686Brownsburg, INRent $1,486 · Income $102,235Inver Grove Heights, MNRent $1,465 · Income $101,316Mint Hill, NCRent $1,528 · Income $100,860Anchorage, AKRent $1,489 · Income $103,284Millcreek, UTRent $1,492 · Income $98,045

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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