Northbrook, Illinois Income Statistics

Updated

Northbrook Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • A+
    Northbrook Top grade

Source: Map AI Methodology

Income Statistics Overview

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Metric Northbrook Illinois Avg US Average
Median Household Income $153,635 $84,042 $80,455
Median Personal Income $118,171 $64,565 $60,758
Average Yearly Income Growth 3.6% 4.5% 4.8%
Six-Figure Earners 35.0% 15.0% 13.9%
$200k+ Households 40.6% 13.8% 13.2%

The median household income in Northbrook is about 83% higher than in Illinois. Income has been growing slower in Northbrook (3.6%/yr) than in Illinois (4.5%/yr).

About 35% of adults in Northbrook earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Northbrook
United States

Median household income in Northbrook, Illinois grew by 34.4% from 2009 to 2024, reaching $153,635 in 2024. That's an average of about 3.6% per year.

Northbrook has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 124% in 2009 to 91% in 2024, the closest it has been.

Year Northbrook United States

Income Distribution in Northbrook

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Northbrook
United States

Income range calculator

About 8,174 households (65.7% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 10.6% of households in Northbrook had an income under $35,000 and 50.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Northbrook has a larger share of households earning $200,000 or more (40.6% vs 13.2%) and a smaller share earning $35,000 to $49,999 (3.8% vs 10.1%).

Household income Households Share U.S. share
Under $10,000 368 3.0% 5.1%
$10,000 to $14,999 163 1.3% 3.5%
$15,000 to $24,999 356 2.9% 6.4%
$25,000 to $34,999 433 3.5% 6.7%
$35,000 to $49,999 479 3.8% 10.1%
$50,000 to $74,999 1,257 10.1% 15.5%
$75,000 to $99,999 1,213 9.7% 12.6%
$100,000 to $149,999 1,860 15.0% 17.4%
$150,000 to $199,999 1,265 10.2% 9.5%
$200,000 or more 5,049 40.6% 13.2%

Shares are of all 12,442 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Northbrook

Metric Northbrook Illinois Avg US Average
Gini Coefficient 0.512 0.547 0.552
Male Median Income $126,454 $73,933 $69,667
Female Median Income $111,899 $60,067 $56,850
Gender Pay Gap 11.5% 18.8% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Northbrook, it is 0.512, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 13% more than women's income in Northbrook, Illinois. Over a 35-year career, a 13% wage gap accumulates to roughly $509,425 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Northbrook, Illinois has narrowed from about 48% to 12% in 2024. In dollar terms, the gap has narrowed by $41,865 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Northbrook Illinois Avg US Average
Unemployment Rate 3.1% 5.8% 5.2%
Working from Home 30.9% 15.9% 15.0%
Commute time (minutes) 22 23 22

Approximately 482 people are unemployed in Northbrook, Illinois.

The average commute time in Northbrook is 22 minutes, shorter than the 23 minutes in Illinois.

Unemployment Rate Over Time

Northbrook
United States

Since 2011, the unemployment rate in Northbrook, Illinois has fallen from 4.6% to 3.1% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 2.4% in 2020.

Northbrook has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2023, at 2.1 points lower. The gap has narrowed from 4.1 points in 2011 to 2.1 points in 2024.

Year Northbrook United States

Northbrook, IL Wealth Compared With Nearby Cities

How Northbrook, IL compares with the 2 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Northbrook, IL 32,185 $153,635 #2/3 3.6%/yr #3/3 3.1% #1/3 0.512 #2/3
Glenview, IL 47,742 $133,416 4.4%/yr 3.9% 0.523
Highland Park, IL 26,861 $181,844 4.8%/yr 3.3% 0.482

Conclusion

Considering all these factors, Northbrook, Illinois has an overall wealth index grade of A+, making it far better than Illinois, and far better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Northbrook, Illinois.

How Rich Is Northbrook, Illinois?

Northbrook has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $153,635, about 83% higher than the Illinois average of $84,042.

How fast is household income rising in Northbrook, Illinois?

Between 2009 and 2024, the median household income in Northbrook, Illinois rose 34%, from $114,288 to $153,635. Over the same years, income here lagged behind Illinois as a whole: +34% against +52%.

What was the median household income in Northbrook in 2023?

In 2023, the median household income in Northbrook, Illinois was $157,201, up 4% from $150,477 in 2022. The Illinois median that year was $82,182.

What was the median household income in Northbrook in 2020?

In 2020, the median household income in Northbrook, Illinois was $126,731. By 2024 it had risen 21% to $153,635.

How many people earn six figures in Northbrook, Illinois?

Yes. 35% of adults in Northbrook, Illinois earn $100,000 or more a year (about 1 in 3), against 15% (about 1 in 7) in Illinois. 41% of households have a combined income of $200,000 or more, compared with 14% in Illinois.

Is unemployment high in Northbrook, Illinois?

Unemployment in Northbrook, Illinois is only 3.1%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Northbrook, Illinois?

The Gini coefficient in Northbrook is 0.512. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Northbrook, Illinois?

Since 2009, the income gap between men and women in Northbrook, Illinois has narrowed from about 48% to 12% in 2024. In dollar terms, the gap has narrowed by $41,865 since 2009.

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