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Lake Bluff, IL real estate and demographic information

Most Expensive Lake Bluff Neighborhoods

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1 Village Center
2 Knollwood

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Lake Bluff, IL Information

Population 5,745

About Lake Bluff

Lake Bluff is a somewhat small village located in the state of Illinois. With a population of 5,745 people and two constituent neighborhoods, Lake Bluff is the 310th largest community in Illinois.

Lake Bluff home prices are not only among the most expensive in Illinois, but Lake Bluff real estate also consistently ranks among the most expensive in America.

Lake Bluff is a decidedly white-collar village, with fully 92.15% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Bluff is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Lake Bluff who work in management occupations (14.25%), teaching (13.03%) and sales jobs (12.55%).

Of important note, Lake Bluff is also a village of artists. Lake Bluff has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lake Bluff’s character.

Also of interest is that Lake Bluff has more people living here who work in computers and math than 95% of the places in the US.

In addition, Lake Bluff is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Lake Bluff is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Lake Bluff’s overall crime rate is lower than average for the country.

In Lake Bluff, a lot of people use the train to get to work every day though Lake Bluff is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.

Lake Bluff Information and Demographics

If knowledge is power, Lake Bluff is a pretty powerful place. 82.08% of the adults in Lake Bluff have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Lake Bluff in 2010 was $66,977, which is wealthy relative to Illinois and the nation. This equates to an annual income of $267,908 for a family of four.

The people who call Lake Bluff home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Bluff residents report their race to be White, followed by Asian. Important ancestries of people in Lake Bluff include English, German, Irish, Italian, Russian and Swedish.

The most common language spoken in Lake Bluff is English. Some people also speak Portuguese.

LAKE BLUFF INFORMATION DETAILS
POPULATION 5,745
NUMBER OF HOMES AND APARTMENTS 2,055
LAKE BLUFF HOME OWNERSHIP
% OWNER OCCUPIED 94.19%
% RENTER OCCUPIED 5.81%
% VACANT 5.65%
TYPE OF LAKE BLUFF HOMES
SINGLE FAMILY DETACHED 94.61%
ROWHOUSES AND ATTACHED HOMES 3.07%
SMALL APARTMENT BUILDINGS 1.75%
COMPLEXES OR HIGH RISE APARTMENTS 0.00%
MOBILE HOMES 0.57%
OTHER 0.00%
SIZE OF LAKE BLUFF HOMES
NO BEDROOM 0.00%
1 BEDROOM 0.43%
2 BEDROOMS 4.73%
3 BEDROOMS 33.27%
4 BEDROOMS 47.21%
5 OR MORE BEDROOMS 14.37%
AGE OF LAKE BLUFF HOMES
NEWER HOMES (2000 OR LATER) 5.62%
ESTABLISHED, BUT NOT OLD HOMES (1970-1999) 35.82%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 42.16%
HISTORIC (1939 OR BEFORE) 16.40%
LAKE BLUFF REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $556,397
MEDIAN RENTAL PRICE $1,115
HOME VALUE RANGE
$0 - $43,000 0.00%
$43,001 - $86,000 0.66%
$86,001 - $172,000 4.33%
$172,001 - $258,000 2.35%
$258,001 - $344,000 6.68%
$344,001 - $430,000 12.95%
$430,001 - $646,000 34.05%
$646,001 - $861,000 16.87%
> $861,000 22.12%
PEOPLE OF LAKE BLUFF DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 4.56%
5 TO 17 24.75%
18 TO 24 5.30%
25 TO 34 4.28%
35 TO 54 31.88%
55 TO 64 14.58%
65 YEARS AND OVER 14.66%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 99.24%
COLLEGE GRADUATES 82.08%
MEDIAN HOUSEHOLD INCOME $146,400
PER CAPITA INCOME $66,977
INDIVIDUALS BELOW POVERTY LEVEL 2.25%
INDUSTRIES PEOPLE WORK IN Professional, scientific, and technical services (20.47%)
Manufacturing (17.27%)
Education (11.86%)
Finance (10.23%)
Healthcare (10.17%)
Retail (5.87%)
Wholesale (4.59%)
Other (3.08%)
Administration (2.79%)
Construction (2.27%)
Transportation (2.09%)
ATTENDING COLLEGE 3.08%
RACIAL MAKEUP
WHITE 92.05%
BLACK OR AFRICAN AMERICAN 0.58%
AMERICAN INDIAN AND ALASKA NATIVE 0.10%
ASIAN 5.54%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS 0.00%
SOME OTHER RACE ALONE 0.44%
TWO OR MORE RACES 1.29%
HISPANIC OR LATINO (OF ANY RACE) 1.90%
ETHNICITIES PRESENT English (15.61%)
German (13.49%)
Irish (10.62%)
Italian (7.24%)
Russian (4.24%)
Swedish (3.01%)
Dutch (2.92%)
Polish (2.72%)
Danish (2.62%)
Norwegian (2.39%)
French (2.35%)
FOREIGN BORN 10.70%
LANGUAGES SPOKEN English (87.75%)
Portuguese (3.33%)
Hindi (1.19%)

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