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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

Housing Overview

Median Home Value
$451,400
60% above
US avg: $281,900
Median Rent
$3,060/mo
163% above
US avg: $1,163/mo
Homeownership Rate
89.1%
36% above US avg (65.4%)
Total Housing Units
2,534
Median year built: 1984

Home Value by Source

Census Median
$451,400
Zillow (ZHVI)
$520,035
Median Sale Price
$402,500
Median List Price
$399,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.1%
Owner-Occupied
10.9%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $3,060/mo

Market Indicators (Redfin)

Median Days on Market
58 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$210
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
89.1%

Complete Housing Data

Home Values

Census Median Value$451,400
Zillow Home Value (ZHVI)$520,035
Median Sale Price$402,500
Median List Price$399,900
Price Per Sq Ft$210

Rent

Census Median Rent$3,060
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market58
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold4
Active Inventory27
Price Per Sq Ft$210

Ownership & Stock

Owner-Occupied89.1%
Renter-Occupied10.9%
Homeownership Rate89.1%
Total Housing Units2,534
Median Year Built1984
Rent Burden51.0%