Lake Barrington, IL
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Lake Barrington, Illinois Summary

Life in Lake Barrington research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Barrington over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Barrington:

  • The population in Lake Barrington is 5,377.

  • The median home value in Lake Barrington is $434,652.

  • The median income in Lake Barrington is $126,316.

  • The cost of living in Lake Barrington is 130 which is 1.3x higher than the national average.

  • The median rent in Lake Barrington is $3,025.

  • The unemployment rate in Lake Barrington is 6.4%.

  • The poverty rate in Lake Barrington is 5.1%.

  • The average high in Lake Barrington is 57.3° and the average low is 39.5°.

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Lake Barrington SnackAbility

5
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
7
Diversity
5
Safety
N/A
Amenities
7
Education
9.5
Commute
3
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Lake Barrington, IL Cost Of Living

Cost of living in Lake Barrington summary. We use data on the cost of living to determine how expensive it is to live in Lake Barrington. Real estate prices drive most of the variance in cost of living around Illinois. Key points include:

  • The cost of living in Lake Barrington is 130 with 100 being average.

  • The cost of living in Lake Barrington is 1.3x higher than the national average.

  • The median home value in Lake Barrington is $434,652.

  • The median income in Lake Barrington is $126,316.

130
Lake Barrington's Overall Cost Of Living
1.3x
Higher Than The National Average

Cost Of Living In Lake Barrington Comparison Table

Living Expense Lake Barrington Illinois National Average
Overall 130 92 100
Services 108 95 100
Groceries 104 98 100
Health 114 96 100
Housing 176 81 100
Transportation 124 105 100
Utilities 97 90 100

Lake Barrington, IL Weather

  • The average high in Lake Barrington is 57.3° and the average low is 39.5°.

  • There are 68.7 days of precipitation each year.

  • Expect an average of 36.1 inches of precipitation each year with 39.5 inches of snow.

StatLake Barrington
Average Annual High57.3
Average Annual Low39.5
Annual Precipitation Days68.7
Average Annual Precipitation36.1
Average Annual Snowfall39.5
57.3°
Average High
68.7°
Days of Rain

Rankings for Lake Barrington in Illinois

Locations Around Lake Barrington

Map Of Lake Barrington, IL

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Lake Barrington Demographics And Statistics

Population over time in Lake Barrington

The current population in Lake Barrington is 5,377. The population has increased 11.1% from 2010.

Year Population % Change
2022 5,377 6.1%
2021 5,069 0.4%
2020 5,048 2.5%
2019 4,927 -0.1%
2018 4,934 0.6%
2017 4,903 0.8%
2016 4,863 -0.1%
2015 4,870 0.4%
2014 4,852 0.2%
2013 4,840 -

Race / Ethnicity in Lake Barrington

White
90.5% (4,865)
African American
0.2% (11)
American Indian
0.0% (0)
Asian
3.8% (202)
Hawaiian
0.0% (0)
Other
0.9% (46)
Two Or More
3.4% (182)
Hispanic
1.3% (71)

Lake Barrington is:

  • 90.5% White with 4,865 White residents.

  • 0.2% African American with 11 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 3.8% Asian with 202 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.9% Other with 46 Other residents.

  • 3.4% Two Or More with 182 Two Or More residents.

  • 1.3% Hispanic with 71 Hispanic residents.

Race Lake Barrington IL USA
White 90.5% 59.6% 58.9%
African American 0.2% 13.7% 12.1%
American Indian 0.0% 0.1% 0.6%
Asian 3.8% 5.7% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.9% 0.3% 0.4%
Two Or More 3.4% 2.8% 3.5%
Hispanic 1.3% 17.8% 18.7%

Gender in Lake Barrington

Female
52.9% (2,845)
Male
47.1% (2,532)
  • Lake Barrington is 52.9% female with 2,845 female residents.

  • Lake Barrington is 47.1% male with 2,532 male residents.

Gender Lake Barrington IL USA
Female 52.9% 50.5% 50.4%
Male 47.1% 49.5% 49.6%

Highest level of educational attainment in Lake Barrington for adults over 25

  • 1.0% of adults in Lake Barrington completed < 9th grade.

  • 1.0% of adults in Lake Barrington completed 9-12th grade.

  • 12.0% of adults in Lake Barrington completed high school / ged.

  • 17.0% of adults in Lake Barrington completed some college.

  • 3.0% of adults in Lake Barrington completed associate's degree.

  • 38.0% of adults in Lake Barrington completed bachelor's degree.

  • 21.0% of adults in Lake Barrington completed master's degree.

  • 6.0% of adults in Lake Barrington completed professional degree.

  • 1.0% of adults in Lake Barrington completed doctorate degree.

< 9th Grade
1.0% (53)
9-12th Grade
1.0% (53)
High School / GED
12.0% (645)
Some College
17.0% (914)
Associate's Degree
3.0% (161)
Bachelor's Degree
38.0% (2,043)
Master's Degree
21.0% (1,129)
Professional Degree
6.0% (322)
Doctorate Degree
1.0% (53)
Education Lake Barrington IL USA
< 9th Grade 1.0% 6.0% 4.0%
9-12th Grade 1.0% 5.0% 6.0%
High School / GED 12.0% 25.0% 26.0%
Some College 17.0% 20.0% 20.0%
Associate's Degree 3.0% 8.0% 9.0%
Bachelor's Degree 38.0% 22.0% 21.0%
Master's Degree 21.0% 11.0% 10.0%
Professional Degree 6.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Lake Barrington, Illinois

  • 3.0% of households in Lake Barrington earn Less than $10,000.

  • 2.1% of households in Lake Barrington earn $10,000 to $14,999.

  • 4.9% of households in Lake Barrington earn $15,000 to $24,999.

  • 3.1% of households in Lake Barrington earn $25,000 to $34,999.

  • 9.1% of households in Lake Barrington earn $35,000 to $49,999.

  • 12.1% of households in Lake Barrington earn $50,000 to $74,999.

  • 6.1% of households in Lake Barrington earn $75,000 to $99,999.

  • 15.2% of households in Lake Barrington earn $100,000 to $149,999.

  • 11.1% of households in Lake Barrington earn $150,000 to $199,999.

  • 33.3% of households in Lake Barrington earn $200,000 or more.

Less than $10,000
3.0% (16,037)
$10,000 to $14,999
2.1% (11,137)
$15,000 to $24,999
4.9% (26,506)
$25,000 to $34,999
3.1% (16,482)
$35,000 to $49,999
9.1% (49,003)
$50,000 to $74,999
12.1% (65,040)
$75,000 to $99,999
6.1% (32,743)
$100,000 to $149,999
15.2% (81,969)
$150,000 to $199,999
11.1% (59,917)
$200,000 or more
33.3% (178,862)
Income Lake Barrington IL USA
Less than $10,000 3.0% 5.3% 4.9%
$10,000 to $14,999 2.1% 3.5% 3.8%
$15,000 to $24,999 4.9% 6.7% 7.0%
$25,000 to $34,999 3.1% 7.1% 7.4%
$35,000 to $49,999 9.1% 10.1% 10.7%
$50,000 to $74,999 12.1% 15.4% 16.1%
$75,000 to $99,999 6.1% 12.9% 12.8%
$100,000 to $149,999 15.2% 17.6% 17.1%
$150,000 to $199,999 11.1% 9.4% 8.8%
$200,000 or more 33.3% 12.1% 11.4%

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