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North Center

Learn about the people, housing, costs and businesses in North Center, Illinois

Median Home$732,643
Median Rent$1,881/month
Population36,014
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality5% professional services
Home Value Growth⬆⬆+11.7% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners57% of occupied units
NotableHigh Incomes$152k/year · top 1% nationally
NotableHighly Educated47% bachelor's · 23% graduate · top 1% nationally
North Center
IL

Frequently Asked Questions

What are today's mortgage rates in North Center?

As of today, the 30-year fixed mortgage rate for North Center is approximately 6.796% (6.839% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in North Center?

The median home value in North Center is $733k. The median monthly rent is $1,881. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Center?

Home values in North Center have increased 11.7% 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 North Center?

Based on a typical all-in ownership cost of $2,562/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $110k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Center is $152k/year.

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What industries drive the economy in North Center?

The largest employment sectors in North Center are healthcare (25%) and arts, food, and hospitality (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas