Lynwood, IL
Population 9,047 · Illinois
About Lynwood, IL
Lynwood is a small town located in Illinois with a population of 9,047 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,619 per year, which is 2% above the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lynwood features a median home value of $213,700, which is 13% below the national median of $244,900. This positions Lynwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,151, 1% below the national average of $1,163/month. Of the 3,664 total housing units, 81% are owner-occupied (2,734 units) and 19% are renter-occupied (625 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lynwood shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Lynwood have an average one-way commute time of 51.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
39.6% of Lynwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.7% White, 2.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.4% of the population being foreign-born.
Cost of Living in Lynwood, IL
Compared to national averages, Lynwood has a median household income of $76,619 (2% above the national median of $75,149). Home values average $213,700, which is 13% below the national median. Monthly rent at $1,151 is 1% below the US average of $1,163. Within Illinois, Lynwood's income is 2% above the state average of $75,072, and home values are 29% above the state median of $165,779.
Why Live in Lynwood, IL?
Lynwood offers a strong local economy with a median household income of $76,619, well above the national average, and affordable housing with a median home value of $213,700, below the US average of $244,900, and rent that’s lower than the national average at $1,151/month. Additionally, the city features a well-educated community where 39.6% of residents hold a bachelor’s degree or higher.
Lynwood has a population of 9,047 with a median age of 39.5 years. Compare Lynwood with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lynwood
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Riverside | 9,079 | $149,219 | $460,500 | Compare |
| Boulder Hill | 9,127 | $76,935 | $233,100 | Compare |
| Hawthorn Woods | 9,145 | $238,114 | $592,800 | Compare |
| Manteno | 8,942 | $96,057 | $241,700 | Compare |
| Olney | 8,864 | $57,997 | $96,900 | Compare |
| Sugar Grove | 9,233 | $116,250 | $372,000 | Compare |
| Harwood Heights | 8,851 | $79,651 | $316,400 | Compare |
| Bethalto | 9,244 | $66,469 | $158,600 | 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 Lynwood With Other Cities
Frequently Asked Questions about Lynwood
What is the population of Lynwood, IL?
The population of Lynwood, IL is 9,047 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 Lynwood?
The median household income in Lynwood, IL is $76,619 per year, which is 2% above the national median of $75,149.
What is the median home value in Lynwood?
The median home value in Lynwood, IL is $213,700, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lynwood?
The median monthly rent in Lynwood, IL is $1,151, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Lynwood?
The unemployment rate in Lynwood, IL is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lynwood, IL a good place to live?
Lynwood offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 9,047 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Lynwood, IL?
39.6% of residents in Lynwood 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 Lynwood?
Key cost-of-living indicators for Lynwood, IL: median home value is $213,700 (13% below national), median rent is $1,151/month, and median household income is $76,619. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lynwood?
The poverty rate in Lynwood, IL is 12.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lynwood, IL?
Lynwood's population is 8.7% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 65.6% two or more races. 6.4% of residents are foreign-born.