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2025 Compare Cities Housing:
Franklin Lakes, NJ vs Vernon Hills, IL

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Highlights
- The median age of a home in Franklin Lakes is 29.5% older than the median age of a home in Vernon Hills.
 Franklin Lakes, NJVernon Hills, ILUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$356,100$338,100
 Home Appr. Last 12 months12.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.51.6%  Unlock101.1%
 Property Tax Rate  Unlock$26.9$11.0
 Homes Owned84.5%  Unlock57.4%
 Housing Vacant  Unlock7.5%11.2%
 Homes Rented10.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin Lakes, NJVernon Hills, ILUnited States
 Average Rent  Unlock$2,380$1,840
 Studio Apartment$2,000  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,660$1,180
 2 Bedroom Home or Apartment$2,780  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,410$1,860
 4 Bedroom Home or Apartment$4,340  Unlock$2,160
 space1
 Vacant Housing
 Franklin Lakes, NJVernon Hills, ILUnited States
 Vacant For Rent  Unlock2.6%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.8%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other1.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Franklin Lakes, NJVernon Hills, ILUnited States
 Less Than $20,000  Unlock0.1%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.0%4.5%
 $100,000 to $149,9990.6%  Unlock11.3%
 $150,000 to $199,999  Unlock10.4%13.0%
 $200,000 to $299,9990.1%  Unlock20.1%
 $300,000 to $399,999  Unlock27.5%13.6%
 $400,000 to $499,9993.6%  Unlock8.3%
 $500,000 to $749,999  Unlock16.4%9.7%
 $750,000 to $999,99921.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,99912.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Franklin Lakes, NJVernon Hills, ILUnited States
 2015 and Newer1.3%  Unlock0.2%
 2010 to 2014  Unlock23.3%13.6%
 2000 to 200914.4%  Unlock13.6%
 1990 to 1999  Unlock19.1%13.6%
 1980 to 198917.7%  Unlock13.2%
 1970 to 1979  Unlock28.1%14.8%
 1960 to 19697.3%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19491.7%  Unlock4.7%
 1939 or Earlier  Unlock0.7%12.2%
Transportation
Reviews for Franklin Lakes    2 Reviews
john · Franklin Lakes, NJ
Franklin Lakes
Over 15 years ago

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New  More

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Lauren · Franklin Lakes, NJ
Affluent Town
Over 19 years ago

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living  More

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Reviews for Vernon Hills    4 Reviews
justin · Vernon Hills, IL
housing
Over 13 years ago

house price a little bit  More

   |    Reply
susan · Vernon Hills, IL
Great Public Schools
Over 18 years ago

The Vernon Hills public school is top notch, consistently rated among the highest in the U.S. Schools are new, low pupil to teacher ratio, with many after school  More

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robby · Vernon Hills, IL
Very nice area
Over 19 years ago

I have lived in the Chicagoland area for over a year and a half and have not been overly impressed. I moved to Vernon Hills in May and have renewed faith in the area.   More

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