Most Expensive Lake Bluff Neighborhoods
About Lake Bluff
Lake Bluff is a somewhat small village located in the state of Illinois. With a population of 5,748 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 92.61% 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 (17.55%), sales jobs (14.74%) and business and financial occupations (11.54%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.18% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Lake Bluff is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
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.
Even though Lake Bluff is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Lake Bluff, you'll likely find that many of your neighbors like to as well. Lake Bluff is one of the more educated communities in America, with a full 79.06% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Lake Bluff in 2010 was $63,752, which is wealthy relative to Illinois and the nation. This equates to an annual income of $255,008 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, Swedish and Polish.
The most common language spoken in Lake Bluff is English. Some people also speak Chinese.
|LAKE BLUFF INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||2,055|
|LAKE BLUFF HOME OWNERSHIP|
|% OWNER OCCUPIED||94.19%|
|% RENTER OCCUPIED||5.81%|
|TYPE OF LAKE BLUFF HOMES|
|SINGLE FAMILY DETACHED||90.51%|
|ROWHOUSES AND ATTACHED HOMES||4.31%|
|SMALL APARTMENT BUILDINGS||2.75%|
|COMPLEXES OR HIGH RISE APARTMENTS||2.43%|
|SIZE OF LAKE BLUFF HOMES|
|5 OR MORE BEDROOMS||13.26%|
|AGE OF LAKE BLUFF HOMES|
|NEWER HOMES (2000 OR LATER)||8.30%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||42.20%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||36.88%|
|HISTORIC (1939 OR BEFORE)||12.62%|
|LAKE BLUFF REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$574,780|
|MEDIAN RENTAL PRICE||$1,237|
|HOME VALUE RANGE|
|$0 - $44,000||0.00%|
|$44,001 - $89,000||1.42%|
|$89,001 - $178,000||2.50%|
|$178,001 - $266,000||3.05%|
|$266,001 - $355,000||7.18%|
|$355,001 - $444,000||17.57%|
|$444,001 - $666,000||30.96%|
|$666,001 - $888,000||16.92%|
|PEOPLE OF LAKE BLUFF||DETAILS|
|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||100.00%|
|MEDIAN HOUSEHOLD INCOME||$146,500|
|PER CAPITA INCOME||$63,752|
|INDIVIDUALS BELOW POVERTY LEVEL||4.80%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (18.18%)
Professional, scientific, and technical services (13.56%)
Real estate (2.85%)
|BLACK OR AFRICAN AMERICAN||0.58%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.10%|
|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 (14.55%)
|LANGUAGES SPOKEN||English (88.95%)
Other Asian languages (1.15%)
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