Winnetka is a somewhat small village located in the state of Illinois. With a population of 12,316 people and three constituent neighborhoods, Winnetka is the 199th largest community in Illinois. Much of the housing stock in Winnetka was built prior to World War II, making it one of the older and more historic villages in the country.
Winnetka home prices are not only among the most expensive in Illinois, but Winnetka real estate also consistently ranks among the most expensive in America.
Winnetka is a decidedly white-collar village, with fully 97.65% of the workforce employed in white-collar jobs, well above the national average. Overall, Winnetka is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Winnetka who work in management occupations (23.93%), business and financial occupations (18.03%), and sales jobs (17.30%).
Also of interest is that Winnetka 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: 13.67% 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, Winnetka 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, Winnetka 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, Winnetka really has some of the features that families look for when choosing a good community to raise children. Is Winnetka 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 Winnetka, however, is that residents on average have to contend with a long commute, spending on average 36.91 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.
In Winnetka, a lot of people use the train to get to work every day though Winnetka is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Winnetka is a pretty powerful place. 92.32% of the adults in Winnetka 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 Winnetka in 2018 was $123,319, which is wealthy relative to Illinois and the nation. This equates to an annual income of $493,276 for a family of four.
The people who call Winnetka home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Winnetka residents report their race to be White, followed by Asian. Important ancestries of people in Winnetka include Irish, German, English, Italian, and Polish.
The most common language spoken in Winnetka is English. Other important languages spoken here include Chinese and Spanish.