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Bannockburn, IL

Full City Profile · Illinois · Lake County County

4.0 /5.0
A Great
1,125 Population 554/sq mi density
$195,625 Median Income $88,540 per capita
$1,110,800 Home Value $1,212,664 Zillow
51°F Avg Temperature 260 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$195,625 median income, 1.2% unemployment
B
Affordability
3.5 / 5.0
$1,110,800 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
86.7% bachelor's degree or higher

Bannockburn, IL

At a Glance

Median Income
$195,625
160% above
$88,540 per capita
Home Value
$1,110,800
294% above
Zillow: $1,212,664
Violent Crime
0/100K
100% below
1,994/100K property
Bachelor's Degree+
86.7%
157% above
99.0% high school+
Unemployment
1.2%
67% below
2.3% poverty rate
Obesity Rate
26.4%
18% below
6.0% smoking rate
Avg Temperature
51°F
260 sunny days/yr

How Bannockburn Compares to the U.S. Average

Each bar shows Bannockburn's value as a percentage of the national average (100% = U.S. avg)

Income
260%
Home Value
394%
Poverty
19%
Bachelor's
257%
Unemployment
33%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Bannockburn a Good Place to Live?

A
4.0 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Bannockburn residents earn a median household income of $195,625 , which is 160% above the national average of $75,149. Per capita income is $88,540. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 19,967 business establishments, including 1,607 restaurants.

Housing & Cost of Living

The median home value in Bannockburn is $1,110,800 , 294% above the national median of $281,900. Zillow estimates the typical home at $1,212,664. The cost of living index is 100.0 (100 = national average). The median home was built in 1970.

Safety & Crime

Bannockburn reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 1,994/100K. The murder rate is 0.0/100K.

Education

86.7% of adults in Bannockburn hold a bachelor's degree or higher (157% above the national average). 99.0% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Bannockburn has an average annual temperature of 51°F (10°C). Winters average 25°F in January while summers reach 75°F in July. The area gets 260 sunny days per year. Annual precipitation totals 32.3 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population1,125
Median Age31.0 yrs
Density554/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans1.2%

Economy

A+
Median Income$195,625
Per Capita$88,540
Unemployment1.2%
Poverty2.3%
County GDP$82,869M
Avg Weekly Wage$1,751

Housing

B
Home Value$1,110,800
Rent
Ownership88.3%
Zillow$1,212,664
Housing Units248
Rent Burden18.6%

Crime

C+
Violent0/100K
Property1,994/100K
Murder0.0/100K
Assault0/100K
Burglary125/100K

Health

Obesity26.4%
Diabetes6.9%
Smoking6.0%
Heart Disease3.6%
Premature Death5,610/100K

Climate

Avg Temp51°F
Sunny Days260/yr
Rain32.3 in/yr
AQI43 (Good)
Elevation693 ft

Education

A+
Bachelor's+86.7%
High School+99.0%
Graduate+52.6%
School Score6.1/10

Community

2024 VoteR 39% / D 60%
Commute22 min
Broadband95.7%
Internet Speed127 Mbps
EV Stations1
Libraries25

Did You Know?

Bannockburn was founded in 1924.
The median home in Bannockburn was built in 1970.
23.5% work from home.
The nearest airport is Chicago O'Hare International (15 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,607 restaurants in the area.
The county recorded 55 fatal vehicle crashes.