Deer Park, IL
Population 3,711 · Illinois
About Deer Park, IL
Deer Park is a small town located in Illinois with a population of 3,711 residents according to the latest US Census Bureau American Community Survey data. The median household income is $160,750 per year, which is 114% above the national median of $75,149. The median age of 43.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Deer Park features a median home value of $636,200, which is 160% above the national median of $244,900. This places Deer Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,389, 105% above the national average of $1,163/month. Of the 1,415 total housing units, 78% are owner-occupied (1,025 units) and 22% are renter-occupied (286 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Deer Park shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Deer Park have an average one-way commute time of 28.7 minutes.
Education & Demographics
71.9% of Deer Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 12.4% of the population being foreign-born.
How Deer Park Ranks in Illinois
Cost of Living in Deer Park, IL
Compared to national averages, Deer Park has a median household income of $160,750 (114% above the national median of $75,149). Home values average $636,200, which is 160% above the national median. Monthly rent at $2,389 is 105% above the US average of $1,163. Within Illinois, Deer Park's income is 114% above the state average of $75,072, and home values are 284% above the state median of $165,779.
Why Live in Deer Park, IL?
Deer Park offers a strong local economy with a median household income of $160,750, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 71.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $636,200. However, Deer Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Deer Park has a population of 3,711 with a median age of 43.7 years. Compare Deer Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Deer Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oglesby | 3,723 | $71,618 | $130,900 | Compare |
| Fairbury | 3,683 | $65,215 | $155,900 | Compare |
| Byron | 3,742 | $78,235 | $182,600 | Compare |
| Aledo | 3,753 | $62,829 | $140,000 | Compare |
| Eldorado | 3,762 | $39,766 | $68,600 | Compare |
| Forsyth | 3,656 | $113,456 | $289,800 | Compare |
| Morrison | 3,781 | $67,580 | $117,300 | Compare |
| Rochester | 3,784 | $112,689 | $241,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Deer Park With Other Cities
Frequently Asked Questions about Deer Park
What is the population of Deer Park, IL?
The population of Deer Park, IL is 3,711 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Deer Park?
The median household income in Deer Park, IL is $160,750 per year, which is 114% above the national median of $75,149.
What is the median home value in Deer Park?
The median home value in Deer Park, IL is $636,200, which is 160% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Deer Park?
The median monthly rent in Deer Park, IL is $2,389, which is 105% above the national average of $1,163/month.
What is the unemployment rate in Deer Park?
The unemployment rate in Deer Park, IL is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Deer Park, IL a good place to live?
Deer Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,711 and a median age of 43.7, the city appeals to a broad range of residents.
How educated is Deer Park, IL?
71.9% of residents in Deer Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Deer Park?
Key cost-of-living indicators for Deer Park, IL: median home value is $636,200 (160% above national), median rent is $2,389/month, and median household income is $160,750. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Deer Park?
The poverty rate in Deer Park, IL is 1.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Deer Park, IL?
Deer Park's population is 1.5% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.0% two or more races. 12.4% of residents are foreign-born.