Location and Neighborhood Overview
Wilmette, IL, is a suburban village located on the North Shore of Chicago. It is known for its tree-lined streets, historic homes, and a strong sense of community. The village is distinguished by its access to Lake Michigan, making it an attractive residential area. Wilmette has a quaint downtown area with various shops and dining options, and it’s well-connected to Chicago via the Metra train line, with the nearest city center being downtown Chicago, approximately 15 miles away.
Crime Rate and School District
Wilmette generally has a low crime rate compared to national averages, contributing to its reputation as a safe area for families. The village is served by the highly-rated Wilmette Public Schools District 39, which is known for its strong academic programs and extracurricular activities. New Trier High School, serving older students, is also highly regarded and offers a wide range of advanced placement and honors courses.
Amenities and Economic Overview
The area boasts numerous amenities, including Gillson Park, which offers beach access, tennis courts, and more. The Baha'i House of Worship, a notable architectural attraction, is nearby. Grocery stores, such as Jewel-Osco and Whole Foods, are conveniently located for residents. Wilmette features a high average household income, reflecting its affluent demographic, and nearby communities like Winnetka and Kenilworth also share this economic profile. Job growth in the area tends to mirror broader trends in the Chicago metropolitan region, with a stable economic environment.
Neighborhood Summary
Nestled within a vibrant community, this neighborhood offers an enticing blend of economic prosperity and residential charm, marked by a distinctive median home price of $881,600, which is significantly above the national average. This reflects the area's desirable status and potential for appreciation, making it an appealing prospect for high-net-worth individuals. The median household income of $230,972 is robust, more than double the national average, indicating a prosperous community with substantial disposable income. This economic affluence is further highlighted by the exceptionally low poverty rate of just 1%, offering a stable and secure environment for families. With a remarkably low unemployment rate of 2%, the neighborhood boasts a strong job market that further enhances its allure for potential homebuyers seeking economic opportunities.
In terms of housing dynamics, the community is predominantly composed of homeowners, with 89% ownership versus 6% who rent, reflecting a strong sense of stability and long-term commitment among residents. Surprisingly, 38% of owners have managed to pay off their mortgages entirely, a testament to the financial well-being and investment acumen of the populace. However, 30% of homeowners spend over 30% of their income on mortgage payments, a figure that aligns with national trends, suggesting that, despite high incomes, housing costs still pose a notable expenditure. For those considering renting, the median contract rent stands at $2,753, though there is no direct comparison available for renters who spend above the 30% income threshold. The neighborhood's vacancy rate is a minimal 4%, indicating a high demand for housing and limited availability, enhancing its investment potential further.
Educational attainment is a mixed bag in this area, with 38% of residents holding a college degree, slightly lower than the national average, which could suggest a more diverse range of occupations and industries. The dominant racial demographic is white, with non-US citizens comprising a mere 3% of the population, suggesting a relatively homogenous community. This demographic makeup, coupled with a high percentage of married-couple families at 76%, paints a picture of a traditional, family-oriented neighborhood.
While this neighborhood presents many attractive qualities, potential buyers might seek environments where educational attainment is higher or racial diversity is more pronounced. In such cases, exploring nearby areas with similar home prices but higher educational credentials or greater diversity might be advisable. These insights can guide potential homebuyers and real estate professionals as they navigate the landscape of this appealing yet nuanced community.
Median Home Price
Walk Score
Bike Score
Median Household Income
Percent Under Poverty
Median Contract Rent
Owners vs Renters
Vacant Housing Units
Unemployment Rate
College Degree
Dominant Race
Married-Couple Families
Owners Without Morgages
Mortgage ≥ 30% Income
Rent ≥ 30% Income
Non-US Citizens
Gilson Park
0.5 miles
NorthShore University HealthSystem
1 mile
Jewel-Osco
1.2 miles
Walker Bros Original Pancake House
0.7 miles
LA Fitness
1.5 miles
O'Hare International Airport
15 miles
New Trier High School
1.8 miles
Westfield Old Orchard
Shopping Center
Wilmette Metra Station
0.8 miles
Dynamic Insights
Custom Narratives
Green Flags
Red Flags
Flood Zone
Flood zone information is not available for this property at this time.
Historical Flooding
Historical flood damage records are not available for this property.
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