Bannockburn is a very small village located in the state of Illinois. With a population of 1,575 people and just one neighborhood, Bannockburn is the 539th largest community in Illinois.
Real Estate Prices
Bannockburn home prices are not only among the most expensive in Illinois, but Bannockburn real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Bannockburn is a decidedly white-collar village, with fully 92.27% of the workforce employed in white-collar jobs, well above the national average. Overall, Bannockburn is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Bannockburn who work in teaching (16.06%), management occupations (15.61%) and office and administrative support (14.24%).
Also of interest is that Bannockburn has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 26.69% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Setting & Lifestyle
Bannockburn is a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Bannockburn area, with all of the energy of the students filling area dorms and apartments each fall, really helps Bannockburn maintain a good economy.
For a small village, there is also a high proportion of single, often educated, people living in Bannockburn. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Bannockburn.
The overall crime rate in Bannockburn is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.