In Hawthorn Woods, a typical home is worth $619,100. Compared with all of Lake County, typical household income is 99% higher, the typical home value is 79% higher, and the share of households that own their home is 22 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $541,810 to $752,000.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Hawthorn Woods is in Lake County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical household income in Hawthorn Woods is $219,631,99% more than in Lake County as a whole ($110,416).
2
The typical home in Hawthorn Woods is worth $619,100,79% more than in Lake County as a whole ($345,700).
3
Hawthorn Woods has the 5th highest homeownership rate of the 337 cities in Illinois with more than 5,000 people (97%).
4
Nearby, in Wauconda, the typical home value is $278,600: 55% less than in Hawthorn Woods ($619,100).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Hawthorn Woods
What homes there are in Hawthorn Woods, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Hawthorn Woods
Lake County
Illinois
United States
Kind of home: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Lake County
Illinois
United States
Detached house
96%
67%
58%
61%
Attached house
Unreliable estimate
10%
6%
6%
Building of 2 to 4
Unreliable estimate
6%
12%
8%
Apartments (5 or more)
Unreliable estimate
16%
22%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Hawthorn Woods: 96% of homes, more than in Lake County (67%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Hawthorn Woods
Lake County
Illinois
United States
Year built: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Lake County
Illinois
United States
Before 1960
Unreliable estimate
21%
38%
26%
1960–1979
14%
25%
26%
24%
1980–1999
38%
33%
20%
25%
2000–2009
25%
15%
11%
14%
2010 or later
22%
6%
6%
11%
The typical home in Hawthorn Woods was built in 1998, 15 years after the typical one in Lake County.
Homes in Hawthorn Woods are bigger: 95% have 3 bedrooms or more; in Lake County, 68%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K21%
$500K–$750K55%
$750K–$1M14%
$1M or moreUnreliable
Value of owner-occupied homes: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Under $100K
Unreliable
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
21%
$500K–$750K
55%
$750K–$1M
14%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$3,923 a month
Lake County: $2,503 a month
Owners with a mortgage
77%
Lake County: 64%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Hawthorn Woods+9%
Lake County+30%
Illinois+35%
United States+53%
Typical household income
Hawthorn Woods+25%
Lake County+24%
Illinois+27%
United States+29%
Change since 2015–2019: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Lake County
Illinois
United States
Typical home value
+9%
+30%
+35%
+53%
Typical rent
No data
+23%
+26%
+33%
Typical household income
+25%
+24%
+27%
+29%
Homes in Hawthorn Woods gained value more slowly than in Lake County: 9% since 2015–2019, against 30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Hawthorn Woods and its comparisons
Measure
Hawthorn Woods
Lake County
Illinois
United States
Rental vacancy
Unreliable estimate
3.7%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.0%
0.9%
More than one person per room
Unreliable estimate
2.9%
2.5%
3.4%
People per household
3.04
2.69
2.46
2.53
Drive alone
59%
66%
66%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
3%
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
25%
20%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 3.04 on average, against 2.69 in Lake County.
Many people here do not commute at all: 25% work from home; in Lake County, 20%.
Do the math
What would you pay each month for a home in Hawthorn Woods?
A typical home is tight for the typical income
We start with a typical home in Hawthorn Woods, worth $619,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Hawthorn Woods, which is $219,631 a year. For that payment to be 28% of income, a household would need to earn about $235,097 a year. Note: at that price the loan is above the FHA limit for Lake County ($541,287), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Lake County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Hawthorn Woods. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $21,669 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$5,486
at 7.18% · 30 years
Loan amount
$607,886
Total interest
$874,605
Paid off in
November 2056
Includes $10,455 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $5,125 a month
Tight
$5,125 to $6,589 a month
Your payment · 30%
Hard
more than $6,589 a month
Compared with the typical household income in Hawthorn Woods ($219,631 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,118
Property tax
$836
Home insurance
$258
FHA mortgage insurance (MIP)
$274
This loan is over the FHA limit
You'd borrow $597,431, but the FHA limit for a one-unit home in Hawthorn Woods is $541,287. You'd need a bigger down payment or a different loan.
You need at least $21,669 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $5,486; principal and interest $4,118.
The city and its county
Hawthorn Woods and Lake County
Hawthorn Woods is in Lake County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Hawthorn Woods
Map of Lake County, Illinois, with Hawthorn Woods marked. Around it, the neighboring counties.
Hawthorn Woods
Lake County
Other cities with a page
Hawthorn Woods's own numbers
Typical home value
$619,100
Typical yearly household income
$219,631
Households that own their home
97%
Effective property tax rate
1.62%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lake County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lake County.
A typical home in Hawthorn Woods is worth $619,100: 79% above the county and 135% above Illinois. With the typical household income in Hawthorn Woods ($219,631 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Hawthorn Woods2.8 years
Lake3.1 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lake County
According to FHFA’s house price index, home prices in Lake County rose 66% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lake County.
Yearly change in FHFA’s price index in Lake County, 2016 to 2025
2016: +2.3% +2.3% 2016
2017: +1.8% +1.8% 2017
2018: +1.3% +1.3% 2018
2019: +1.9% +1.9% 2019
2020: +0.5% +0.5% 2020
2021: +8.3% +8.3% 2021
2022: +13.8% +13.8% 2022
2023: +9.0% +9.0% 2023
2024: +7.6% +7.6% 2024
2025: +6.7% +6.7% 2025
Change in FHFA’s price index in Lake County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.7%
+5.7%
+2.9%
5 years (2020–2025)
+54%
+47%
+47%
10 years (2015–2025)
+66%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Hawthorn Woods next to Lake County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Hawthorn Woods$619,100
Lake$345,700
Illinois$263,300
United States$332,700
Typical yearly household income
Hawthorn Woods$219,631
Lake$110,416
Illinois$83,390
United States$80,734
See the full table
Hawthorn Woods next to Lake County and Illinois
Measure
Hawthorn Woods
Lake County
Illinois
U.S.
Typical home value
$619,100 ▲79% above the county
$345,700
$263,300
$332,700
Typical yearly household income
$219,631 ▲99% above the county
$110,416
$83,390
$80,734
Households that own their home
97% ▲22 points above the county
75%
67%
65%
Typical yearly property tax
$10,001 ▲12% above the county
$8,923
$5,298
$3,119
Effective property tax rate
1.62% ▼0.96 points below the county
2.58%
2.01%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lake County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Hawthorn Woods
For a typical $619,100 home in Hawthorn Woods, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hawthorn Woods's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,486a month
Above the FHA limit for Lake County ($541,287)
Down payment
$21,669
Cash to close
$40,242
Rate
7.18%
Mortgage insurance
FHA MIP · $274
Conventional, 5% down$5,372a month
Least cash to close
Down payment
$30,955
Cash to close
$49,528
Rate
7.18%
Mortgage insurance
PMI · $294
Conventional, 20% down, no PMI$4,449a month
Down payment
$123,820
Cash to close
$142,393
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,021a month
Down payment
$92,865
Cash to close
$111,438
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Hawthorn Woods
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Lake County ($541,287)
$5,486
$21,669
$607,887
7.18%
FHA MIP · $274
$40,242
580
Conventional, 5% down Least cash to close
$5,372
$30,955
$588,145
7.18%
PMI · $294
$49,528
620*
Conventional, 20% down, no PMI
$4,449
$123,820
$495,280
7.18%
None
$142,393
620*
ITIN, 15% down (example)
$5,021
$92,865
$526,235
8.18%
None
$111,438
Set by the lender
The option that asks for the least cash to close is Conventional, 5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
The Census Bureau publishes no typical rent for Hawthorn Woods. Below are the fair market rents for Lake County.
HUD publishes a fair market rent for all of Lake County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lake County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,678
$32.27
$67,120
1 bedroom
$1,780
$34.23
$71,200
2 bedrooms
$2,011
$38.67
$80,440
3 bedrooms
$2,586
$49.73
$103,440
4 bedrooms
$2,954
$56.81
$118,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Hawthorn Woods
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hawthorn Woods is in ZIP code 60047.
For 2 bedrooms it is $2,640: $629 more than the fair market rent for Lake County ($2,011).
Fair market rent by ZIP code and size in Hawthorn Woods, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
60047
$2,200
$2,340
$2,640
$3,400
$3,880
ZIP code2 bd3 bd
60047 $2,640$3,400
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Hawthorn Woods when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Hawthorn Woods or Lake County. The ones below are statewide in Illinois: they work in Hawthorn Woods the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
The HUD-approved agencies closest to the center of Hawthorn Woods, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Hawthorn Woods or Lake County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Hawthorn Woods and all of Lake County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Hawthorn Woods?
The typical home value in Hawthorn Woods is $619,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lake County it is $345,700.
What is the FHA loan limit in Hawthorn Woods?
Hawthorn Woods uses the FHA limit for all of Lake County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Hawthorn Woods?
The typical homeowner in Hawthorn Woods pays $10,001 a year, according to the U.S. Census Bureau. That is 1.62% of the home’s value; in Lake County, the rate is 2.58%.
Where can I find free help to buy or rent in Hawthorn Woods?
There are 2 HUD-approved counseling agencies with an office in Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
