Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Gurnee

Learn about the people, housing, costs and businesses in Gurnee, Illinois

Median Home$338,734
Median Rent$1,728/month
Population30,491
Leading IndustriesTransportation · Retail · Arts, Food & Hospitality4% transportation
Home Value Growth⬆⬆+16.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners77% of occupied units
NotableAmenity Score80/100 · highly walkable area
NotableHighly Educated34% bachelor's · 18% graduate · top 4% nationally
Gurnee
IL

Frequently Asked Questions

What are today's mortgage rates in Gurnee?

As of today, the 30-year fixed mortgage rate for Gurnee is approximately 6.925% (6.932% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Gurnee
What is the median home price in Gurnee?

The median home value in Gurnee is $339k. The median monthly rent is $1,728. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gurnee?

Home values in Gurnee have increased 16.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Gurnee?

Based on a typical all-in ownership cost of $1,835/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gurnee is $126k/year.

Calculate your buying power
What industries drive the economy in Gurnee?

The largest employment sectors in Gurnee are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.