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Illinois · Census place 09447

Buffalo Grove village, IL

Quick answer

Buffalo Grove village has 42,824 residents, ranking #35 of 1462 places in Illinois. Median household income is $129,820, the median home is worth $392,900 and median gross rent runs $2,042 a month.

Population
42,824Buffalo Grove village residents
Median household income
$129,820Past 12 months, inflation adjusted
Median home value
$392,900Owner-occupied units
Median gross rent
$2,042Rent plus utilities, monthly
Median age
42.1 yrsAll residents
Homeownership rate
81.5%Owner-occupied households

What the numbers mean in Buffalo Grove village

Housing cost measured against local earnings.

A household earning the Buffalo Grove village median would spend about 18.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.5% of residents and 81.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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