Harwood Heights, IL

This village of 8,818 residents needs 307 more housing units over the next five years. Harwood Heights is part of the Chicago Metropolitan Agency for Planning.

Housing snapshot

Population
8,818 (2026)
Households
3,660
Median household income
$88,838 (2026)
Typical home value
$412,492
Owner-occupied
57%
Five-year housing need
307 units

Comparison to other Illinois municipalities

Harwood Heights: $88,838 Median income (2026 estimate)
<$26K >$180K
Harwood Heights: 1.12 jobs to household ratio
<0.06 >2.32
Harwood Heights: Permits since 2021 represent 0.1% of housing
<0% >5.1%
On this page

How affordable is this community?

The typical home in Harwood Heights, IL is valued at $412,492, well above the Illinois average of $175,449. At a median household income of $88,838 in Harwood Heights, IL, affordability is stretched, with households needing roughly $23,694 more to comfortably afford the typical home.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Harwood Heights, IL has a population of roughly 8,821 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Harwood Heights, IL has roughly 3,660 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Harwood Heights, IL is relatively mixed, with detached single-family as the most common type at 45%. Homeownership is the norm in Harwood Heights, IL, with 57% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Harwood Heights, IL needs 307 new units over the next 5 years.

307
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
28
Replacement housing
Effective annual loss rate is 1.5 per 1,000 units.
33
Ownership vacancy adjustment
Owner-occupied vacancy is 0.0%. This is below the minimum stable target of 1.5%.
81
Rental vacancy adjustment
Rental vacancy is 2.5%. This is below the minimum stable target of 7.4%.
53
Overcrowding adjustment
Overcrowding rate is 4.9%. This is above National avg. of 3.4%.
112
Substandard housing adjustment
Substandard housing rate is 4.05%. This is above National avg. of 0.98%.
307
Total 5-year housing production need (2026-2031)
61
Annual production pace
Average units needed per year to meet 5-year need
8.2%
Total housing unit growth
Percent increase in housing stock over 5 years
1.6%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?