Pros and Cons of Living in Highland Park

Highland Park's core trade-off pairs a genuinely affluent North Shore lakefront identity, strong schools, and a statistically strong safety record against genuinely high housing and property tax costs -- and a real, honestly disclosed 2022 tragedy this record states directly.

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Pro: a nationally significant cultural anchor and strong schools

Ravinia Festival draws roughly 400,000 guests a year, and Highland Park's public schools carry a Niche A+ overall grade, ranking #20 in Illinois.

Pro: a statistically strong safety record

86% of residents report Highland Park as very safe, with crime rates running below both Illinois and national averages on the measures reviewed this pass.

Con: genuinely high housing and property tax costs

Highland Park's average home value ($809,080, June 2026) and median effective property tax rate (2.53%) both run substantially above Illinois's own already-high statewide averages.

Con: a real, honestly disclosed tragedy

On July 4, 2022, a mass shooting during Highland Park's Independence Day parade killed 7 people and wounded 48 -- a real, current part of Highland Park's recent history this record does not soften, alongside the real, documented community recovery since.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.