Most Expensive Lake Zurich Neighborhoods
Lake Zurich is a medium-sized village located in the state of Illinois. With a population of 20,054 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 87.18% 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 management occupations (14.70%), sales jobs (13.12%) and office and administrative support (11.42%).
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 32.01 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.
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. 53.94% 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 $41,168, which is wealthy relative to Illinois and the nation. This equates to an annual income of $164,672 for a family of four.
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 German, Polish, Irish, Italian, English and Swedish.
Lake Zurich also has a high percentage of its population that was born in another country: 16.37%.
The most common language spoken in Lake Zurich is English. Other important languages spoken here include Spanish and Polish.
|LAKE ZURICH INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||6,633|
|LAKE ZURICH HOME OWNERSHIP|
|% OWNER OCCUPIED||88.01%|
|% RENTER OCCUPIED||11.99%|
|TYPE OF LAKE ZURICH HOMES|
|SINGLE FAMILY DETACHED||84.01%|
|ROWHOUSES AND ATTACHED HOMES||6.41%|
|SMALL APARTMENT BUILDINGS||1.98%|
|COMPLEXES OR HIGH RISE APARTMENTS||6.15%|
|SIZE OF LAKE ZURICH HOMES|
|5 OR MORE BEDROOMS||3.51%|
|AGE OF LAKE ZURICH HOMES|
|NEWER HOMES (2000 OR LATER)||12.42%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||69.12%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||16.91%|
|HISTORIC (1939 OR BEFORE)||1.54%|
|LAKE ZURICH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$369,036|
|MEDIAN RENTAL PRICE||$1,297|
|HOME VALUE RANGE|
|$0 - $53,000||3.28%|
|$53,001 - $106,000||1.94%|
|$106,001 - $212,000||11.65%|
|$212,001 - $317,000||27.62%|
|$317,001 - $423,000||33.42%|
|$423,001 - $529,000||14.86%|
|$529,001 - $794,000||5.79%|
|$794,001 - $1,058,000||1.00%|
|PEOPLE OF LAKE ZURICH||DETAILS|
|UNDER 5 YEARS||6.33%|
|5 TO 17||21.41%|
|18 TO 24||8.00%|
|25 TO 34||9.01%|
|35 TO 54||33.61%|
|55 TO 64||13.69%|
|65 YEARS AND OVER||7.95%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.39%|
|MEDIAN HOUSEHOLD INCOME||$108,294|
|PER CAPITA INCOME||$41,168|
|INDIVIDUALS BELOW POVERTY LEVEL||5.13%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (15.12%)
Professional, scientific, and technical services (8.69%)
Information Technology (4.24%)
|BLACK OR AFRICAN AMERICAN||0.95%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.11%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.18%|
|TWO OR MORE RACES||1.80%|
|HISPANIC OR LATINO (OF ANY RACE)||7.07%|
|ETHNICITIES PRESENT||German (24.26%)
|LANGUAGES SPOKEN||English (79.53%)
Other Asian languages (1.19%)
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