1031 Exchange Highland Park, Illinois

Illinois Opportunity Zones

Surrounding submarket Area

Highland Park, Illinois is a part of the East Lake County Submarket submarket area, and contains zip code 60035.

Highland Park Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Highland Park, IL submarket area was $1,273, which is 22.29% higher than 2014 average rent. This represents a compounded annual growth rate of 4.11%. 2019 vacancy in Highland Park, IL was 5.00%.

The total population of the city of Highland Park, IL has decreased 0.47% since 2010. As of 2018, the population was 29,622. The median household income of the Highland Park was $147,962, which is 145.40% higher than the national average.

  • submarket area East Lake County Submarket
  • avg rent $1,273
  • rent growth 22.29%
  • vacancy 5.00%
  • median income $147,962
  • population (2018) 29,622
  • population growth -0.47%
  • vs. nat'l avg 145.40%
  • zip code 60035

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