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Lake Barrington village, Illinois

City

Population: 5,400 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Lake Barrington village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lake Barrington village

What is the median household income in Lake Barrington village?
The median household income in Lake Barrington village is $132,857 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lake Barrington village?
The poverty rate in Lake Barrington village is 5.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Lake Barrington village?
$451,400 (U.S. Census Bureau ACS 2023).
What is the average rent in Lake Barrington village?
The median gross rent in Lake Barrington village is $3,060 per month (U.S. Census Bureau ACS 2023).
What percentage of Lake Barrington village residents have a college degree?
62.3% of adults in Lake Barrington village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,400
Median Income
$132,857
Median Home Value
$451,400
Poverty Rate
5.0%
Unemployment (ACS 2023)
5.7%
Median Age
52.0 yrs
Since 2019 Median Income: +$21,885 (+19.7%) Home Value: +$71,700 (+18.9%) Poverty Rate: +0.9 pp (+22%) Bachelor's+: -2.3 pp (-3.6%) Unemployment: +0.1 pp (+1.8%)

Demographics

Total Population 5,400
Median Age 52.0
Female 53.7%
Race & Ethnicity
Hispanic or Latino 2.2% White (non-Hisp.) 87.8% Asian 5.8% Two or More 4.0% Other 0.8%
Asian Subgroups (% of total pop.)
Indian
3.3%
Japanese
0.8%
Vietnamese
0.5%
Chinese
0.2%
Korean
0.2%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.3%
Puerto Rican
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $132,857 ±$22,480
+$51,155 vs. state
Per Capita Income $186,958
Median Family Income $205,500
Poverty Rate 5.0%
-3.2 pp vs. state
Child Poverty Rate 7.2%
Working-Age Poverty Rate
SNAP Recipients 2.9%
Social Security Income
Retirement Income 42.3%
Household Income Distribution
< $10k
2.6%
$10–15k
1.7%
$15–25k
5.5%
$25–35k
3.3%
$35–50k
8.8%
$50–75k
9.9%
$75–100k
6.9%
$100–150k
15.2%
$150–200k
9.2%
$200k+
36.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,427
Owner-Occupied 89.1%
Renter-Occupied 10.9%
Vacancy Rate 4.7%
Median Home Value $451,400
+$200,900 vs. state
Median Gross Rent $3,060
Owner Cost Burden (30%+) 28.2%
Renter Cost Burden (30%+) 59.9%
Home Value Distribution
< $50k
1.0%
$50–100k
1.1%
$100–200k
3.5%
$200–300k
12.2%
$300–500k
32.8%
$500k–$1M
38.0%
$1M+
3.8%
Gross Rent Distribution
< $500
21.0%
$500–1k
3.6%
$1–1.5k
7.5%
$1.5–2k
9.9%
$2.5–3.5k
6.7%
$3.5k+
51.2%
Vehicle Availability
No vehicle
10.7%
1 vehicle
27.3%
2 vehicles
39.8%
3+
22.2%
Housing Type
Single-fam. det.
45.5%
Single-fam. att.
27.8%
5–19 units
2.5%
20+ units
10.1%
Mobile home
2.3%
Housing Age
1940–1969
2.5%
1970–1999
29.7%
2000–2009
12.6%
2010+
2.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.7%
Bachelor's or Higher 62.3%
+25.1 pp vs. state
Graduate Degree 26.0%
Some College / Associate 17.7%
Less Than High School 0.9%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 54.4%
Unemployment Rate 5.7%
-0.1 pp vs. state
Work from Home 21.3%
Self-Employed 8.4%
Government Workers 12.9%
Private For-Profit 78.2%
Industry
Edu/Health
29.0%
Prof. Services
14.0%
Retail
10.6%
Manufacturing
9.9%
Finance
8.5%
Transportation
6.7%
Construction
4.8%
Wholesale
4.7%
Arts/Entmt.
3.5%
Information
3.4%
Public Admin
1.7%
Occupation
Management
61.7%
Sales
21.8%
Food Prep
8.4%
Production
5.8%
Construction
2.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 33.8 min
Drove Alone 72.2%
Carpool 1.9%
Public Transit 1.9%
Work from Home 21.3%
Walked 1.7%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,312
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 55.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.6%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.3%
5–9
4.6%
10–14
4.6%
15–19
7.0%
20–24
6.4%
25–34
5.2%
35–44
7.9%
45–54
11.9%
55–64
7.3%
65–74
7.1%
75–84
15.6%
85+
8.1%
Under 18: 19.2% Working age (18–64): 80.8% 65 and over: 32.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 13.2%
Naturalized Citizen 76.8%
Speaks English Less Than Very Well 1.4%
Foreign-Born Origin
Europe
53.9%
Asia
25.4%
Latin America
6.4%

Veterans & Disability

Veteran 5.0%
With a Disability 10.9%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.2%
Uninsured 3.8%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 88.5%
Has a Computer 93.9%
Same House 1 Year Ago 90.8%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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