Knollwood, IL
Full City Profile · Illinois · Lake County County
4.1
/5.0
A
Great
1,907
Population
3,126/sq mi density
$133,452
Median Income
$45,205 per capita
$372,500
Home Value
$615,993 Zillow
$1,733
Median Rent
34.8% income on rent
48°F
Avg Temperature
261 sunny days/yr
10
Violent Crime/100K
750 property/100K
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$133,452 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$372,500 home value, $1,733/mo rent
D
Safety
1.7 / 5.0
10 violent crimes/100K
A+
Education
4.6 / 5.0
45.6% bachelor's degree or higher
Income Overview
Median Household Income
$133,452
78% above
US avg: $75,149
Per Capita Income
$45,205
16% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
6.8%
45% below
US avg: 12.4%
Income Comparison: Knollwood vs. U.S. Average
Each bar shows Knollwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$133,452
178%
Per Capita
US: $39,052
$45,205
116%
IRS Avg AGI
US: $72,000
$143,679
200%
Avg Weekly Wage
US: $1,432
$1,751
122%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,751
22% above US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
29.3%
93% above US avg (15.2%)
Drive Alone
66.1%
10% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$82,869M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
66.1%
Public Transit
0%
Work From Home
29.3%
Other
4.6%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
19,967
Restaurants
1,607
Healthcare
2,211
Retail
2,099
Manufacturing
811
Tax & Financial
IRS Avg Adjusted Gross Income
$143,679
100% above US avg ($72,000)
Avg Property Tax
$13,960
299% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $133,452 |
| Per Capita Income | $45,205 |
| IRS Avg Adjusted Gross Income | $143,679 |
| Avg Weekly Wage | $1,751 |
| County GDP | $82,869M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 6.8% |
| Gini Coefficient | 0.479 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 66.1% |
| Public Transit | 0.0% |
| Work From Home | 29.3% |
Businesses
| Total Establishments | 19,967 |
| Restaurants | 1,607 |
| Healthcare | 2,211 |
| Retail | 2,099 |
| Manufacturing | 811 |
Tax
| IRS Avg AGI | $143,679 |
| Avg Property Tax | $13,960 |
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