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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

Lake Barrington, IL

At a Glance

Median Income
$132,857
77% above
$73,772 per capita
Home Value
$451,400
60% above
Zillow: $520,035
Median Rent
$3,060/mo
163% above
51.0% of income on rent
Violent Crime
0/100K
100% below
314/100K property
Bachelor's Degree+
62.3%
85% above
97.7% high school+
Unemployment
3.1%
14% below
5.0% poverty rate
Obesity Rate
29.8%
7% below
8.2% smoking rate
Avg Temperature
48°F
260 sunny days/yr

How Lake Barrington Compares to the U.S. Average

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

Income
177%
Home Value
160%
Rent
263%
Poverty
40%
Bachelor's
185%
Unemployment
86%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Lake Barrington a Good Place to Live?

A
4.3 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Barrington residents earn a median household income of $132,857 , which is 77% above the national average of $75,149. Per capita income is $73,772. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.

Housing & Cost of Living

The median home value in Lake Barrington is $451,400 , 60% above the national median of $281,900. Zillow estimates the typical home at $520,035. Median rent is $3,060/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1984.

Safety & Crime

Lake Barrington reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 314/100K.

Education

62.3% of adults in Lake Barrington hold a bachelor's degree or higher (85% above the national average). 97.7% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Lake Barrington has an average annual temperature of 48°F (9°C). Winters average 21°F in January while summers reach 72°F in July. The area gets 260 sunny days per year. Annual precipitation totals 38.5 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population5,400
Median Age52.7 yrs
Density941/mi²
Male / Female46% / 54%
Foreign Born13.6%
Veterans5.0%

Economy

A+
Median Income$132,857
Per Capita$73,772
Unemployment3.1%
Poverty5.0%
County GDP$15,983M
Avg Weekly Wage$1,060

Housing

A+
Home Value$451,400
Rent$3,060
Ownership89.1%
Zillow$520,035
Housing Units2,534
Rent Burden51.0%

Crime

C+
Violent0/100K
Property314/100K

Health

Obesity29.8%
Diabetes7.4%
Smoking8.2%
Heart Disease4.0%
Premature Death5,730/100K

Climate

Avg Temp48°F
Sunny Days260/yr
Rain38.5 in/yr
AQI43 (Good)
Elevation811 ft

Education

A+
Bachelor's+62.3%
High School+97.7%
Graduate+27.8%
School Score6.2/10

Community

2024 VoteR 52% / D 47%
Commute34 min
Broadband88.5%
Internet Speed124 Mbps
EV Stations2
Libraries13

Did You Know?

The median home in Lake Barrington was built in 1984.
21.3% work from home.
The nearest airport is Chicago O'Hare International (21 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 645 restaurants in the area.
The county recorded 18 fatal vehicle crashes.