What percentage of people rent in Melrose Park, IL?

43.3% (±4.6 points) of the occupied homes in Melrose Park, IL are rented (2020–2024 American Community Survey).

That is 3,668 renting households against 4,795 that own their home.

In Melrose Park, the share of households that rent went from 49.6% in 2015–2019 to 43.3% in 2020–2024 (−6.3 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
43.3% (±4.6 points)
Renting households
3,668 (±501)
Median renter income
$57,813 (±$11,682)

Who rents and who owns in Melrose Park

Tenure, estimate (90% margin of error)
Melrose ParkCook CountyIllinoisUnited States
Renter-occupied share43.3% (±4.6 points)42.3% (±0.3 points)32.9% (±0.2 points)34.8%
Renting households3,668 (±501)887,660 (±6,720)1,657,539 (±10,322)45,017,354
Owning households4,795 (±396)1,212,570 (±7,287)3,378,910 (±14,728)84,210,142
Average renter household size2.6 (±0.2)2.1 (±0.0)2.2 (±0.0)2.3
Average owner household size3.1 (±0.2)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$57,813 (±$11,682)$55,388 (±$886)$50,420 (±$471)$52,966
Median owner household income$85,739 (±$12,853)$108,804 (±$833)$103,505 (±$377)$100,009

In Melrose Park, the renter share is not measurably different from Cook County (42.3%).

It is also higher than in Illinois (32.9%).

It is higher than the national figure (34.8%).

In Cook County, Melrose Park ranks 18 of 148 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 112 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Melrose Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent49.6% (±3.1 points)43.3% (±4.6 points)−6.3 percentage pointsMeasurable decrease
Median gross rent$995 (±$30)$1,176 (±$82)+18.2%No measurable change after inflation
Median household income$50,870 (±$3,209)$66,189 (±$4,214)+30.1%No measurable change after inflation

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.

Households that rent in places near Melrose Park

Nearest places with a published estimate, compared with Melrose Park
PlaceDistanceHouseholds that rentCompared with this place
Melrose Park—43.3% (±4.6 points)—
Stone Park0.9 mi51.7% (±10.3 points)Not measurably different
Bellwood1.5 mi21.6% (±4.0 points)Lower
Maywood1.9 mi40.0% (±5.3 points)Not measurably different
River Grove2.0 mi44.4% (±6.2 points)Not measurably different
Northlake2.3 mi29.4% (±5.1 points)Lower
River Forest2.4 mi12.3% (±6.9 points)Lower
River Forest Township2.4 mi12.3% (±6.9 points)Lower
Franklin Park2.4 mi24.9% (±4.1 points)Lower

Nearby places with a measurably lower figure: Bellwood, IL (21.6%), Northlake, IL (29.4%), River Forest, IL (12.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cook County, place by place

RankPlaceHouseholds that rent
12 (tie)Cicero45.4% (±3.1 points)
12 (tie)Cicero Township45.4% (±3.1 points)
14Calumet Park45.0% (±9.3 points)
15River Grove44.4% (±6.2 points)
16Calumet City44.3% (±4.9 points)
17Evanston43.8% (±2.2 points)
18Melrose Park43.3% (±4.6 points)
19Harvey42.4% (±5.1 points)
20Burnham42.0% (±10.3 points)
21Harwood Heights41.4% (±6.9 points)
22Robbins41.0% (±11.7 points)
23Schiller Park40.8% (±7.9 points)
24 (tie)Maywood40.0% (±5.3 points)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Melrose Park

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Questions about Melrose Park

How many renters are there in Melrose Park?

Melrose Park has an estimated 3,668 (±501) renting households, 43.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Melrose Park?

In Melrose Park, the share of households that rent went from 49.6% in 2015–2019 to 43.3% in 2020–2024 (−6.3 percentage points), a measurable decrease.

How big are renting households in Melrose Park?

A renting household in Melrose Park has 2.6 people on average, against 3.1 in an owned home.

How much do renters earn in Melrose Park?

The median renting household in Melrose Park, IL has an income of $57,813 (±$11,682) a year, against $85,739 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Melrose Park village, Illinois (place:48242, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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