salaryRent here is among the highest 10% in the country. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 31.3 minutes each way. Most homes (76%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $115,440 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 322 of 334 cities from cheapest to most expensive.
How much do households earn in Wauconda?
Share of households by yearly income. 45.3% of households earn $100,000 or more.
Rent by apartment size in Wauconda
| Size | Wauconda | U.S. average |
|---|---|---|
| 1 bedroom | $1,071 | $1,324 |
| 2 bedrooms | $1,512 | $1,509 |
| 3 bedrooms | $2,149 | $1,698 |
| 4 bedrooms | $2,381 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Wauconda overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Wauconda, so the Illinois figure is shown.
Taxes and bills in Wauconda
Life in Wauconda
Is it cheaper to rent or buy in Wauconda?
Buying is cheaper month to month: about $953 a month less than renting.
Owning assumes a typical $278,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,860 for the down payment.
Frequently asked questions
What is the average rent in Wauconda, IL?
Renting in Wauconda costs a median of about $2,886 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Wauconda?
To keep rent under 30% of income, you need about $115,440 a year, or $56 an hour at a full-time job.
Is Wauconda cheap or expensive?
Wauconda is rated OK: rent takes 28.9% of the typical household income of $119,971. It ranks 322nd cheapest of 334 Illinois cities we track.
How much are property taxes in Wauconda?
The median homeowner in Wauconda pays $7,525 a year in property taxes, about 2.70% of the median home value.
Is Wauconda more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Wauconda?
The median home value in Wauconda is $278,600, about 2.3 times the typical yearly household income.
14,027 people live in Wauconda. Numbers are typical (middle) values.