Cost of Living in Fox River Grove, IL

Population 4,501 · Illinois · Data vintage 2023

123
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Fox River Grove a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $289,000. At 8.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Fox River Grove sits roughly 12 miles northeast of Elgin. Median home values run roughly 15% higher than Elgin's $252,000.

Cost Overview

Housing 95
Rent 164

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fox River Grove

The median home value in Fox River Grove is $289,200 — 5% below the national median of $305,000. Median rent runs $2,157/month, 64% higher than the national median of $1,314/month. The median household income of $125,104/year is 68% higher than the US median of $74,580. The local unemployment rate is 8.1%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Fox River Grove has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.

🏠 Housing

Median Home Value
$289,200
5% below avg
Zillow Home Value
$160,655
Zillow ZHVI
Median Rent
$2,157/mo
64% above avg
Price-to-Rent Ratio
11.2x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 85.7%
Renter-occupied 14.3%

💰 Estimated Monthly Budget

Rent median rent
$2,157
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,771/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.0 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.5%

Commute Mode

Drove alone
60.6%
Carpooled
11.9%
Public transit
5.0%
Work from home
21.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$125,104
68% above avg
Per Capita Income
$50,616
Unemployment Rate
8.1%
69% above avg
Poverty Rate
2.9%
Labor Force Participation
73.9%

🎓 Education

Bachelor's degree+ 31.0%
Graduate degree 14.3%

👥 Demographics

Median Age 39
Male median age 38.1
Female median age 40.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
52.3%
Good air days/yr
230
Max AQI recorded
247
PM2.5 days
118
Ozone days

Frequently Asked Questions

What is the cost of living in Fox River Grove, IL?

Fox River Grove has a cost index of 123 (100 = national average). It is 23% above the national average.

What is average rent in Fox River Grove, IL?

The median gross rent in Fox River Grove is $2,157 per month based on 2023 Census data.

What is the average home price in Fox River Grove?

The median home value in Fox River Grove is $289,200 according to Zillow and Census data.

What is the median income in Fox River Grove?

The median household income in Fox River Grove is $125,104 per year (2023 ACS 5-year estimates).

What is the sales tax in Fox River Grove, IL?

The combined state and local sales tax rate in Fox River Grove is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Fox River Grove, IL affordable?

Fox River Grove is above average in cost of living, with an index of 123 — about 23% higher than the national average.

Fox River Grove at a Glance

Population
4,501
Median Income
$125,104
Home Value
$289,200
Median Rent
$2,157/mo
Unemployment
8.1%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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