Vernon Hills, Illinois Income Statistics
Updated
Vernon Hills 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.
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A+
Vernon Hills Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Vernon Hills | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $134,343 | $84,042 | $80,455 |
| Median Personal Income | $97,950 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.5% | 4.8% |
| Six-Figure Earners | 30.3% | 15.0% | 13.9% |
| $200k+ Households | 30.3% | 13.8% | 13.2% |
The median household income in Vernon Hills is about 60% higher than in Illinois. Income has been growing slower in Vernon Hills (3.1%/yr) than in Illinois (4.5%/yr).
About 30% of adults in Vernon Hills 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
Median household income in Vernon Hills, Illinois grew by 40.0% from 2009 to 2024, reaching $134,343 in 2024. That's an average of about 3.1% per year.
Vernon Hills has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 88% in 2009 to 67% in 2024, the closest it has been.
Income Distribution in Vernon Hills
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 5,690 households (64.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 9.5% of households in Vernon Hills had an income under $35,000 and 43.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Vernon Hills has a larger share of households earning $200,000 or more (30.3% vs 13.2%) and a smaller share earning $50,000 to $74,999 (9.4% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 245 | 2.8% | 5.1% |
| $10,000 to $14,999 | 45 | 0.5% | 3.5% |
| $15,000 to $24,999 | 174 | 2.0% | 6.4% |
| $25,000 to $34,999 | 382 | 4.3% | 6.7% |
| $35,000 to $49,999 | 375 | 4.2% | 10.1% |
| $50,000 to $74,999 | 833 | 9.4% | 15.5% |
| $75,000 to $99,999 | 1,144 | 12.9% | 12.6% |
| $100,000 to $149,999 | 1,808 | 20.3% | 17.4% |
| $150,000 to $199,999 | 1,192 | 13.4% | 9.5% |
| $200,000 or more | 2,690 | 30.3% | 13.2% |
Shares are of all 8,889 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).
Residents 15+ by personal income, 2024
Income range calculator
About 5,522 residents (30.3% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 34.0% of residents who have any income.
In 2024, 10.9% of Vernon Hills residents aged 15 and over reported no personal income, 20.7% had some income but less than $25,000, and 41.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Vernon Hills has a larger share of residents earning $100,000 or more (30.3% vs 13.9%) and a smaller share earning $15,000 to $24,999 (5.4% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 1,982 | 10.9% | 12.8% |
| $1 to $9,999 | 1,929 | 10.6% | 11.2% |
| $10,000 to $14,999 | 856 | 4.7% | 7.0% |
| $15,000 to $24,999 | 990 | 5.4% | 10.5% |
| $25,000 to $34,999 | 889 | 4.9% | 9.5% |
| $35,000 to $49,999 | 1,686 | 9.3% | 12.6% |
| $50,000 to $74,999 | 2,422 | 13.3% | 14.3% |
| $75,000 to $99,999 | 1,948 | 10.7% | 8.2% |
| $100,000 or more | 5,522 | 30.3% | 13.9% |
Shares are of the 18,225 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 10.9% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Vernon Hills
| Metric | Vernon Hills | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.507 | 0.547 | 0.552 |
| Male Median Income | $118,699 | $73,933 | $69,667 |
| Female Median Income | $82,612 | $60,067 | $56,850 |
| Gender Pay Gap | 30.4% | 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 Vernon Hills, it is 0.507, 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 44% more than women's income in Vernon Hills, Illinois. Over a 35-year career, a 44% wage gap accumulates to roughly $1,263,045 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Vernon Hills, Illinois has widened from about 22% to 30% in 2024. Over that period the gap was widest at 34% in 2021. In dollar terms, the gap has widened by $19,930 since 2009.
Sharply against the trend: the pay gap in Vernon Hills widened by 8.8 points while Illinois's narrowed by 6.5 points.
Employment
| Metric | Vernon Hills | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 5.8% | 5.2% |
| Working from Home | 30.1% | 15.9% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 439 people are unemployed in Vernon Hills, Illinois.
The average commute time in Vernon Hills is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Vernon Hills, Illinois has fallen from 6.2% to 3.6% in 2024. Over that period the rate peaked at 7.1% in 2013 and fell as low as 2.8% in 2018.
Vernon Hills 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 1.2 points lower. The gap has narrowed from 2.5 points in 2011 to 1.7 points in 2024.
Conclusion
Considering all these factors, Vernon Hills, Illinois has an overall wealth index grade of A+, making it notably better than Illinois, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Vernon Hills, Illinois.
How Rich Is Vernon Hills, Illinois?
Vernon Hills 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 $134,343, about 60% higher than the Illinois average of $84,042.
How fast is household income rising in Vernon Hills, Illinois?
Between 2009 and 2024, the median household income in Vernon Hills, Illinois rose 40%, from $95,940 to $134,343. Over the same years, income here lagged behind Illinois as a whole: +40% against +52%.
What was the median household income in Vernon Hills in 2023?
In 2023, the median household income in Vernon Hills, Illinois was $130,890, up 3% from $126,561 in 2022. The Illinois median that year was $82,182.
What was the median household income in Vernon Hills in 2020?
In 2020, the median household income in Vernon Hills, Illinois was $111,237. By 2024 it had risen 21% to $134,343.
Do many residents of Vernon Hills, Illinois earn over $100,000?
Yes. 30% of adults in Vernon Hills, Illinois earn $100,000 or more a year (about 1 in 3), against 15% (about 1 in 7) in Illinois. 30% of households have a combined income of $200,000 or more, compared with 14% in Illinois.
Is it hard to find a job in Vernon Hills, Illinois?
Unemployment in Vernon Hills, Illinois is only 3.6%, 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 Vernon Hills, Illinois?
The Gini coefficient in Vernon Hills is 0.507. 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 Vernon Hills, Illinois?
Since 2009, the income gap between men and women in Vernon Hills, Illinois has widened from about 22% to 30% in 2024. Over that period the gap was widest at 34% in 2021. In dollar terms, the gap has widened by $19,930 since 2009.
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