Lombard, IL
Population 43,722 · Illinois
About Lombard, IL
Lombard is a mid-sized city located in Illinois with a population of 43,722 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,253 per year, which is 29% above the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lombard features a median home value of $321,200, which is 31% above the national median of $244,900. This positions Lombard in a moderately priced market relative to the rest of the country. Median monthly rent is $1,834, 58% above the national average of $1,163/month. Of the 18,495 total housing units, 70% are owner-occupied (12,223 units) and 30% are renter-occupied (5,131 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lombard shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lombard have an average one-way commute time of 26.1 minutes.
Education & Demographics
49.2% of Lombard 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 8.5% White, 0.8% Hispanic or Latino, 0.8% Black or African American, and 3.8% Asian residents, with 16.2% of the population being foreign-born.
How Lombard Ranks in Illinois
Cost of Living in Lombard, IL
Compared to national averages, Lombard has a median household income of $97,253 (29% above the national median of $75,149). Home values average $321,200, which is 31% above the national median. Monthly rent at $1,834 is 58% above the US average of $1,163. Within Illinois, Lombard's income is 30% above the state average of $75,072, and home values are 94% above the state median of $165,779.
Why Live in Lombard, IL?
Lombard offers a strong local economy with a median household income of $97,253, well above the national average, and a well-educated community where 49.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Lombard has a population of 43,722 with a median age of 38.8 years. Compare Lombard with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lombard
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buffalo Grove | 42,824 | $129,820 | $392,900 | Compare |
| Moline | 42,235 | $63,959 | $141,900 | Compare |
| Elmhurst | 45,538 | $145,374 | $532,800 | Compare |
| Plainfield | 45,705 | $142,265 | $398,000 | Compare |
| Belleville | 41,722 | $60,529 | $131,000 | Compare |
| Romeoville | 40,996 | $100,022 | $245,200 | Compare |
| Bartlett | 40,531 | $130,479 | $350,500 | Compare |
| DeKalb | 40,464 | $46,564 | $202,900 | 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 Lombard With Other Cities
Frequently Asked Questions about Lombard
What is the population of Lombard, IL?
The population of Lombard, IL is 43,722 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Lombard?
The median household income in Lombard, IL is $97,253 per year, which is 29% above the national median of $75,149.
What is the median home value in Lombard?
The median home value in Lombard, IL is $321,200, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lombard?
The median monthly rent in Lombard, IL is $1,834, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Lombard?
The unemployment rate in Lombard, IL is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lombard, IL a good place to live?
Lombard offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 43,722 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Lombard, IL?
49.2% of residents in Lombard 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 Lombard?
Key cost-of-living indicators for Lombard, IL: median home value is $321,200 (31% above national), median rent is $1,834/month, and median household income is $97,253. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lombard?
The poverty rate in Lombard, IL is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lombard, IL?
Lombard's population is 8.5% White, 0.8% Hispanic or Latino, 0.8% Black or African American, 3.8% Asian, and 5.5% two or more races. 16.2% of residents are foreign-born.