Surrounding submarket Area
Berwyn, Illinois is a part of the Oak Park Submarket submarket area, and contains zip code 60402.
Berwyn Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Berwyn, IL submarket area was $1,453, which is 41.89% higher than 2014 average rent. This represents a compounded annual growth rate of 7.25%. 2019 vacancy in Berwyn, IL was 5.10%.
The total population of the city of Berwyn, IL has decreased 3.07% since 2010. As of 2018, the population was 54,917. The median household income of the Berwyn was $60,811, which is 0.86% higher than the national average.
- submarket area Oak Park Submarket
- avg rent $1,453
- rent growth 41.89%
- vacancy 5.10%
- median income $60,811
- population (2018) 54,917
- population growth -3.07%
- vs. nat'l avg 0.86%
- zip code 60402