Lake Zurich is a medium-sized village located in the state of Illinois. With a population of 19,877 people and four constituent neighborhoods, Lake Zurich is the 123rd largest community in Illinois.
Lake Zurich home prices are not only among the most expensive in Illinois, but Lake Zurich real estate also consistently ranks among the most expensive in America.
Lake Zurich is a decidedly white-collar village, with fully 88.18% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Zurich is a village of professionals, sales and office workers, and managers. There are especially a lot of people living in Lake Zurich who work in sales jobs (13.70%), management occupations (13.60%), and office and administrative support (11.85%).
Also of interest is that Lake Zurich 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 Zurich telecommute to their jobs. Overall, about 7.70% 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.
Because of many things, Lake Zurich is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Lake Zurich really has some of the features that families look for when choosing a good community to raise children. Is Lake Zurich perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Lake Zurich, however, is that residents on average have to contend with a long commute, spending on average 31.14 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.
Even though Lake Zurich 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 Zurich, you'll likely find that many of your neighbors like to as well. Lake Zurich is one of the more educated communities in America, with a full 54.96% 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 Zurich in 2018 was $45,895, which is wealthy relative to Illinois and the nation. This equates to an annual income of $183,580 for a family of four.
Lake Zurich is a very ethnically-diverse village. The people who call Lake Zurich home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Zurich residents report their race to be White, followed by Asian. Lake Zurich also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.18% of the village’s residents. Important ancestries of people in Lake Zurich include German, Polish, Irish, Italian, and English.
Foreign born people are also an important part of Lake Zurich's cultural character, accounting for 18.32% of the village’s population.
The most common language spoken in Lake Zurich is English. Other important languages spoken here include Spanish and Polish.