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Lake Barrington, IL

Full City Profile · Illinois · McHenry County County

4.3 /5.0
A Great
5,400 Population 941/sq mi density
$132,857 Median Income $73,772 per capita
$451,400 Home Value $520,035 Zillow
$3,060 Median Rent 51.0% income on rent
48°F Avg Temperature 260 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.8 / 5.0
$132,857 median income, 3.1% unemployment
A+
Affordability
4.8 / 5.0
$451,400 home value, $3,060/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
62.3% bachelor's degree or higher

Income Overview

Median Household Income
$132,857
77% above
US avg: $75,149
Per Capita Income
$73,772
89% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
5.0%
60% below
US avg: 12.4%

Income Comparison: Lake Barrington vs. U.S. Average

Each bar shows Lake Barrington’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$132,857
177%
Per Capita
US: $39,052
$73,772
189%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
34 min
22% above US avg (28 min)
Work From Home
21.3%
40% above US avg (15.2%)
Drive Alone
72.2%
1% below US avg (73.2%)
Public Transit
1.9%
62% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 72.2%
Public Transit 1.9%
Work From Home 21.3%
Other 4.6%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432

Tax & Financial

IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% 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$132,857
Per Capita Income$73,772
IRS Avg Adjusted Gross Income$93,804
Avg Weekly Wage$1,060
County GDP$15,983M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate5.0%
Gini Coefficient0.411
Cost of Living Index100.0

Commute

Mean Commute34 minutes
Drive Alone72.2%
Public Transit1.9%
Work From Home21.3%

Businesses

Total Establishments7,928
Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax

IRS Avg AGI$93,804
Avg Property Tax$8,712