Is Lakewood the Northwest Suburbs’ Best-Kept Real Estate Secret?If you’ve been exploring homes in Chicago’s northwest suburbs, you’ve probably looked at Crystal Lake,,
Bing
Dated: July 17 2025
Views: 698

When prospective buyers ask, “Is Wilmette a wealthy suburb?”, the data speaks volumes. Here's an in-depth look at why this North Shore community ranks among Chicago’s most affluent—and why it’s highly attractive for real estate investors and families alike.
The average household income in Wilmette reached approximately $291,930 in 2023, earning it a top‑40 ranking among U.S. suburbs. With median home values hovering around $896K–$1M, it's clear homes here aren't inexpensive.
June 2025 saw median sale prices climb to ~$1.3 M—a 48% gain year-over-year. Homes typically sell within 28–33 days, illustrating a fast-paced seller’s market.
Wilmette’s prized waterfront properties, frequently listed between $850K–$1.4 M, naturally elevate the area’s prestige. The presence of historic and lakefront architecture draws buyers seeking upscale character.
Education strengthens affluence: Wilmette District 39 schools consistently rank among the top in Illinois, with several schools rated 5‑star and in top 3% statewide. This excellence attracts families investing in long-term education and property.
With per‑capita incomes near $109,840 (translating to ~$440K per family), Wilmette stands out economically in Illinois. The community enjoys high walkability, access to the lake, and vibrant retail and dining options—factors that maintain property values.
In short: Yes—Wilmette is unequivocally a wealthy suburb. Its robust incomes, high real estate values, and elite school district make it one of the most sought-after communities on the North Shore.
As previously highlighted in Exploring Wilmette: A North Shore Gem, and echoed in 5 Reasons Why Wilmette Is the Perfect Blend of Charm and Convenience, the key draws remain consistent: lifestyle, location, and lasting value.
Curious about current listings, market comparisons, or neighborhood tours in Wilmette? I’m here to help—let's explore your options together.
📞 Ready to make a move in Wilmette? Contact me today.
Hi! My name is Lisa Fermanis & I am a born and raised Chicagoan who has a strong passion for the NW Suburbs of Chicago. I work hard for my clients & always go the extra mile. I will help you find the ....
Is Lakewood the Northwest Suburbs’ Best-Kept Real Estate Secret?If you’ve been exploring homes in Chicago’s northwest suburbs, you’ve probably looked at Crystal Lake,,
Is Wilmette the Ultimate Blend of Lakefront Luxury and Suburban Stability? - LisaFermanis.comWhen buyers talk about North Shore real estate, Wilmette consistently rises to the top of the.
What Makes West Dundee an Exceptional Choice for Northwest Suburb Real Estate? - LisaFermanis.comWhy Homebuyers Are Turning to West DundeeNestled along the scenic Fox River, West Dundee is gaining
Is Streamwood the Hidden Gem of Northwest Suburb Real Estate? - LisaFermanis.comWhy Streamwood is Attracting HomebuyersTucked away in the northwest suburbs of Chicago, Streamwood is becoming a top