Lake Zurich is a medium-sized village located in the state of Illinois. With a population of 19,993 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 87.86% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Zurich is a village of sales and office workers, professionals, and managers. There are especially a lot of people living in Lake Zurich who work in management occupations (14.80%), sales jobs (14.02%), and office and administrative support (13.00%).
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.
Because of many things, Lake Zurich is a great place for families with children to consider. First of all, many other families with children live here, making Lake Zurich a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Zurich has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Zurich’s overall crime rate is lower than average for the country.
One downside of living in Lake Zurich, however, is that residents on average have to contend with a long commute, spending on average 32.39 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.
If knowledge is power, Lake Zurich is a pretty powerful place. 55.15% of the adults in Lake Zurich 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 Zurich in 2010 was $42,397, which is wealthy relative to Illinois and the nation. This equates to an annual income of $169,588 for a family of four.
Lake Zurich is a somewhat 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. Important ancestries of people in Lake Zurich include Irish, Polish, Italian, and English.
Foreign born people are also an important part of Lake Zurich's cultural character, accounting for 16.74% of the village’s population.
The most common language spoken in Lake Zurich is English. Other important languages spoken here include Spanish and Polish.