Libertyville is a medium-sized village located in the state of Illinois. With a population of 20,402 people and six constituent neighborhoods, Libertyville is the 118th largest community in Illinois.
Libertyville home prices are not only among the most expensive in Illinois, but Libertyville real estate also consistently ranks among the most expensive in America.
Also of interest is that Libertyville has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.44% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, Libertyville is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Libertyville is a great place for families with children to consider. First of all, many other families with children live here, making Libertyville 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, Libertyville has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Libertyville’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
For the size of the village, public transportation in Libertyville is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Libertyville, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Libertyville is a pretty powerful place. 73.56% of the adults in Libertyville 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 Libertyville in 2018 was $76,019, which is wealthy relative to Illinois and the nation. This equates to an annual income of $304,076 for a family of four.
Libertyville is a somewhat ethnically-diverse village. The people who call Libertyville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Libertyville residents report their race to be White, followed by Asian. Important ancestries of people in Libertyville include German, Irish, English, Polish, and Italian.
The most common language spoken in Libertyville is English. Other important languages spoken here include Spanish and Chinese.