Housing data for Green Oaks, IL
Green Oaks, IL has an estimated 4,096 residents and 1,589 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Lake County.
28.3% of households rent.
The median gross rent is $1,356 a month.
Its population grew measurably since 2015–2019 (+6.5%).
Figures last updated on .
- Residents
- 4,096 (±28)
- Housing units
- 1,589 (±205)
- Households that rent
- 28.3%
- Median gross rent
- $1,356
- Residents since 2015–2019
- +6.5%
What stands out in Green Oaks
Median home value: $673,100 (±$31,296) in Green Oaks, higher than in Lake County ($345,700).
Households without a vehicle: 11.1% (±6.4 points) in Green Oaks, higher than in Lake County (4.6%).
Working from home: 27.6% (±7.6 points) in Green Oaks, higher than in Lake County (19.5%).
Housing in Green Oaks at a glance
- Median rent: $1,356 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $856 median gross rent, 2 bedrooms
- Rent burden: 51.7% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 28.3% of households rent
- Income and affordability: $147,614 median household income
- Home values: $673,100 median home value
- Homeowner costs: $3,887 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 17.7% of homes are in buildings of 5 or more units
- Bedrooms: 70.3% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 36.9% of homes were built before 1980
- Vacancy rate: 7.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 94.1% heat with utility gas
- Commute and cars: 30.9 minutes average trip to work
- Growth: +6.5% residents since 2015–2019
- How long people stay: 17.6% moved in since 2020
- Crowding and facilities: 1.4% of homes have more than 1 person per room (Small sample: wide margin of error)
Green Oaks against Lake County, its state and the nation
| Green Oaks | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 4,096 (±28) | 714,223 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 1,589 (±205) | 270,618 (±167) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 28.3% (±12.6 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,356 (±$1,316) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Median household income | $147,614 (±$53,511) | $110,416 (±$1,747) | $83,390 (±$362) | $80,734 |
| Median home value | $673,100 (±$31,296) | $345,700 (±$3,502) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $8,923 (±$108) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 36.9% (±14.8 points) | 46.2% (±0.9 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 30.9 minutes (±5.8) | 28.5 minutes (±0.4) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.3% (±3.4 points) | 94.3% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 46.2 years (±5.1) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Green Oaks covers 4.0 square miles of land, about 1,026 residents per square mile (Census Bureau Gazetteer).
How Green Oaks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 3,846 (±48) | 4,096 (±28) | +6.5% | Measurable increase |
| Housing units | 1,262 (±76) | 1,589 (±205) | +25.9% | Measurable increase |
| Median gross rent | $1,200 (±$191) | $1,356 (±$1,316) | +13.0% | No measurable change after inflation |
| Median home value | $583,200 (±$30,629) | $673,100 (±$31,296) | +15.4% | No measurable change after inflation |
| Median household income | $165,625 (±$61,551) | $147,614 (±$53,511) | −10.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $3,482 (±$195) | $3,887 (±$300) | +11.6% | Down after inflation |
| Households that rent | 8.2% (±3.5 points) | 28.3% (±12.6 points) | +20.1 percentage points | Measurable increase |
| Rental vacancy rate | 13.8% (±15.2 points) | 7.8% (±9.4 points) | −6.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lake County
Green Oaks has no police department of its own in the FBI’s figures, so this is the figure for Lake County as a whole.
In 2025, the police departments that report for Lake County recorded 125 violent and 746 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Green Oaks
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60048 | 12% | 29,124 | $1,666 | $551,200 | $173,975 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Green Oaks
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Knollwood | 1.9 mi | $1,659 | $393,000 | 22.2% |
| Libertyville Township | 2.1 mi | $1,690 | $461,700 | 26.9% |
| North Chicago | 2.9 mi | $1,426 | $159,600 | 67.4% |
| Libertyville | 3.0 mi | $1,637 | $512,000 | 19.7% |
| Shields Township | 3.1 mi | $1,680 | $620,800 | 34.5% |
| Lake Bluff | 3.2 mi | $2,063 | $776,700 | 7.9% |
| Park City | 3.8 mi | $1,110 | $57,400 | 37.1% |
| Mettawa | 3.9 mi | — | $871,500 | 4.8% |
Places in Illinois most like Green Oaks
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Naperville | $1,885 | $540,200 | $155,105 | 25.2% |
| Batavia | $1,347 | $387,400 | $120,056 | 22.8% |
| Vernon Township | $1,949 | $488,400 | $145,857 | 26.3% |
| Libertyville Township | $1,690 | $461,700 | $134,398 | 26.9% |
| Clarendon Hills | $1,142 | $605,800 | $130,388 | 15.8% |
| Lake Zurich | $1,909 | $435,300 | $135,968 | 22.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Green Oaks, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD income limits for Green Oaks, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Green Oaks
How much is a one-bedroom apartment in Green Oaks?
The median gross rent for a one-bedroom home in Green Oaks, IL is $2,060 (±$388) a month (2020–2024 American Community Survey).
How many renters are there in Green Oaks?
Green Oaks has an estimated 439 (±241) renting households, 28.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Green Oaks?
The median household income in Green Oaks is $147,614 (±$53,511) a year (2020–2024 American Community Survey).
What is the average home value in Green Oaks, IL?
The Census Bureau publishes the median: $673,100 (±$31,296) for owner-occupied homes in Green Oaks (2020–2024 American Community Survey).
What is the average mortgage payment in Green Oaks?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Green Oaks, IL is $3,887 (±$300) a month, including taxes, insurance and utilities.
How much are property taxes in Green Oaks?
The median real estate tax paid by homeowners in Green Oaks, IL is $10,000 or more a year (2020–2024 American Community Survey).
Is Green Oaks growing?
In Green Oaks, the number of residents went from 3,846 in 2015–2019 to 4,096 in 2020–2024 (+6.5%), a measurable increase.
What ZIP codes are in Green Oaks?
The ZIP code that covers Green Oaks is 60048.
What is the median rent in ZIP code 60048?
The median gross rent in ZIP Code Tabulation Area 60048 is $1,666 (±$120) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Green Oaks village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Green Oaks village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Green Oaks village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Green Oaks village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Green Oaks village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Green Oaks village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Green Oaks village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Green Oaks village, Illinois (place:31446, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .