Lake Zurich is a medium-sized village located in the state of Illinois. With a population of 20,022 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.
Telecommuters are a relatively large percentage of the workforce: 7.70% 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.
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.
In Lake Zurich, however, the average commute to work is quite long. On average, people spend 31.14 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Although the majority of commuting trips in the village are by private automobile, Lake Zurich is somewhat unusual for a village of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Lake Zurich area by reducing both traffic and air pollution.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lake Zurich. 54.96% 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 Zurich in 2010 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.