Lake Barrington is a very small village located in the state of Illinois. With a population of 4,868 people and two constituent neighborhoods, Lake Barrington is the 339th largest community in Illinois.
Lake Barrington home prices are not only among the most expensive in Illinois, but Lake Barrington real estate also consistently ranks among the most expensive in America.
Lake Barrington is a decidedly white-collar village, with fully 87.38% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Barrington is a village of managers, sales and office workers, and professionals. There are especially a lot of people living in Lake Barrington who work in management occupations (22.58%), sales jobs (18.08%), and business and financial occupations (11.14%).
Also of interest is that Lake Barrington has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Lake Barrington telecommute to their jobs. Overall, about 18.96% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Lake Barrington 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 Barrington’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Lake Barrington, however, is that residents on average have to contend with a long commute, spending on average 34.62 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Lake Barrington, a lot of people use the train to get to work every day though Lake Barrington is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lake Barrington. 63.70% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Lake Barrington in 2018 was $71,811, which is wealthy relative to Illinois and the nation. This equates to an annual income of $287,244 for a family of four.
The people who call Lake Barrington home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Barrington residents report their race to be White, followed by Asian. Important ancestries of people in Lake Barrington include German, Irish, English, Italian, and Polish.
The most common language spoken in Lake Barrington is English. Other important languages spoken here include Spanish and Other Indo-European.