The typical owner-occupied home in Glendale Heights is worth about $261,700, about the same as the Illinois median of $263,300 and 21% below the national median of $332,700. Owners pay a median $6,425 a year in property taxes, about 2.46% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $86,545 a year, so the median home costs 3.0 times the median income (3.2 times for Illinois). 64% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Glendale Heights at a glance
| Glendale Heights | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $261,700 | $263,300 | $332,700 |
| Median property tax paid per year | $6,425 | $5,298 | $3,119 |
| Property tax as a share of value | 2.46% | 2.01% | 0.94% |
| Median household income | $86,545 | $83,390 | $80,734 |
| Homes lived in by their owners | 64% | 67% | 65% |
| Owner homes with a mortgage | 66% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,868 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 20.6% | 21.0% |
| Median rent | $1,590 | $1,274 | $1,413 |
| Rent as a share of renters' income | 28.0% | 29.1% | 30.6% |
| Median year homes were built | 1978 | 1971 | 1980 |
| Vacant homes | 3.2% | 7.7% | 10.1% |
| Population | 32,808 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Glendale Heights
At this week's average 30-year rate of 7.11%, buying the median Glendale Heights home of $261,700 with 20% down costs about $2,054 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,490, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $88,025 for the 20%-down payment. That payment is 28% of the median Glendale Heights household income of $86,545; at that income and 20% down, the 28% guideline points to a home of about $257,000.
The median rent here is $1,590 a month, so owning the median home costs about $464 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $52,340 |
|---|---|
| Loan amount | $209,360 |
| Principal and interest | $1,408 |
| Property taxes (2.46% a year) | $536 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| PMI | $0 |
| Total per month | $2,054 |
Change the numbers in the calculator
| Down payment | $9,160 |
|---|---|
| Loan amount | $256,960 |
| Principal and interest | $1,729 |
| Property taxes (2.46% a year) | $536 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| FHA mortgage insurance | $116 |
| Total per month | $2,490 |
Change the numbers in the calculator
Questions about home buying in Glendale Heights
What is the median home value in Glendale Heights?
About $261,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glendale Heights?
Homeowners pay a median $6,425 a year, which is about 2.46% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Glendale Heights?
For the median home with 20% down at 7.11%, the payment is about $2,054 a month. Keeping that under 28% of gross income takes about $88,025 a year.
More about Glendale Heights
- Mortgage Refinance in Glendale Heights
- Debt Relief in Glendale Heights
- Home Equity Loans in Glendale Heights
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data