Quick facts: Bartlett, IL

Quick Facts

102.4
Cost of Living
above US average
40,154
Population
0.22
Crime Rate per 1000
below US average
$126,555
Median Income
above US average
$416,990
Median House Price
above US average
$2705.0
Average Rent
above US average
9%
Poverty Rate
below US average
5.6%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $126,555.

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Income Needed to Buy

βœ— Stretch
$131k/year
Based on $416,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $131k vs median $126,555
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Income Needed to Rent

βœ“ Affordable
$116k/year
Based on $2705.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($126,555) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bartlett, IL

Bartlett, Illinois, is a picturesque village located in DuPage and Cook counties. Situated approximately 30 miles northwest of downtown Chicago, it offers a suburban feel with convenient access to urban amenities. With a population of around 42,000, Bartlett is known for its strong community spirit, excellent schools, and family-friendly atmosphere. The village features an array of parks and recreational facilities, including the popular Bartlett Park District, which provides various programs, sports leagues, and community events. The local economy thrives with a mix of small businesses and larger retail establishments, making shopping and dining easily accessible. Outdoor enthusiasts can enjoy the scenic landscapes and trails, including the sought-after Bartlett Nature Center. The town is also well-connected via major highways and the Metra commuter train, making it a great option for commuters heading to Chicago. With its blend of residential living, recreational opportunities, and proximity to the bustling city, Bartlett is an attractive choice for those seeking a vibrant community with a suburban lifestyle.

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