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Lincolnshire, IL

Full City Profile · Illinois · Lake County County

3.9 /5.0
B+ Good
7,937 Population 1,737/sq mi density
$179,735 Median Income $96,420 per capita
$625,800 Home Value $714,013 Zillow
$2,655 Median Rent 45.3% income on rent
51°F Avg Temperature 260 sunny days/yr
96 Violent Crime/100K 550 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$179,735 median income, 0.9% unemployment
A+
Affordability
4.7 / 5.0
$625,800 home value, $2,655/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
A+
Education
5.0 / 5.0
76.7% bachelor's degree or higher

Income Overview

Median Household Income
$179,735
139% above
US avg: $75,149
Per Capita Income
$96,420
147% above
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
1.9%
85% below
US avg: 12.4%

Income Comparison: Lincolnshire vs. U.S. Average

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

Median Household
US: $75,149
$179,735
239%
Per Capita
US: $39,052
$96,420
247%
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
27 min
3% below US avg (28 min)
Work From Home
35.7%
135% above US avg (15.2%)
Drive Alone
52.8%
28% below US avg (73.2%)
Public Transit
4.2%
15% below US avg (5.0%)
County GDP
$82,869M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 52.8%
Public Transit 4.2%
Work From Home 35.7%
Other 7.3%
Average commute time
27 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$179,735
Per Capita Income$96,420
IRS Avg Adjusted Gross Income$143,679
Avg Weekly Wage$1,751
County GDP$82,869M

Hardship Indicators

Unemployment Rate0.9%
Poverty Rate1.9%
Gini Coefficient0.479
Cost of Living Index100.0

Commute

Mean Commute27 minutes
Drive Alone52.8%
Public Transit4.2%
Work From Home35.7%

Businesses

Total Establishments19,967
Restaurants1,607
Healthcare2,211
Retail2,099
Manufacturing811

Tax

IRS Avg AGI$143,679
Avg Property Tax$13,960