Living in Lake Bluff, Illinois
Cost of living, income, home prices, rent and demographics of Lake Bluff · Census data 2020–2024
Lake Bluff has 6,041 residents with a median age of 46.3. The median household income is $204,000 (145% higher than the Illinois median), the median home value is $776,700, the median rent is $2,063/month.
Lake Bluff at a glance
- Population
- 6,041
- Median age
- 46.3State: 39
- Median household income
- $204,000State: $83,390
- Median home value
- $776,700State: $263,300
- Median rent
- $2,063/moState: $1,274
- Homeowners
- 92.1%
- Bachelor's degree or higher
- 81.6%
- Average commute
- 28 min
Is Lake Bluff a good place to live?
Pros: Median household income 145% higher than the Illinois median; unemployment of 4.4%; a poverty rate of 1.5%.
Cons: Home values 195% higher than the state median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in Lake Bluff
Housing is the biggest part of the cost of living. In Lake Bluff the median home value is $776,700, 133% higher than the U.S. median. Renters pay a median of $2,063 per month, which is 36.1% of household income. Homeowners with a mortgage pay $3,771 a month in housing costs.
Lake Bluff median household income
The median household income in Lake Bluff is $204,000 and the income per person is $106,944. 1.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lake Bluff: homes for sale and rent
- Housing units
- 2,386
- Owner-occupied
- 92.1%
- Renter-occupied
- 7.9%
- Vacant
- 7.3%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.73
Lake Bluff demographics
- Population
- 6,041
- Median age
- 46.3
- Under 18
- 24%
- 65 and older
- 21.6%
- Households
- 2,212
- Foreign-born
- 14.1%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Bluff ›
Education in Lake Bluff
81.6% of adults 25 and older in Lake Bluff have a bachelor's degree or higher (Illinois: 37.8%), and 42.2% have a graduate or professional degree.
Jobs and commute in Lake Bluff
- Unemployment rate
- 4.4%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 33.8%
- Drive alone
- 50.8%
- Public transit
- 6.1%
- Walk to work
- 1.2%
- Homes with broadband
- 96.8%
Lake Bluff vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Bluff | 6,041 | $204,000 | $776,700 | $2,063 |
| Knollwood | 1,864 | $138,618 | $393,000 | $1,659 |
| North Chicago | 30,643 | $60,172 | $159,600 | $1,426 |
| Green Oaks | 4,096 | $147,614 | $673,100 | $1,356 |
| Lake Forest | 19,416 | $235,081 | $938,300 | $1,815 |
| Mettawa | 663 | $181,333 | $871,500 | — |
| Park City | 7,827 | $60,171 | $57,400 | $1,110 |
| Highwood | 5,301 | $107,875 | $405,400 | $1,900 |
| Libertyville | 20,525 | $165,667 | $512,000 | $1,637 |
More for people moving to Lake Bluff
Lake Bluff ZIP code ›Weather and climate ›Living in Lake Bluff: FAQ
What is the median household income in Lake Bluff, IL?
The median household income in Lake Bluff is $204,000, 145% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Bluff?
The median home value in Lake Bluff is $776,700, compared with $263,300 in Illinois.
How much is rent in Lake Bluff?
The median gross rent in Lake Bluff is $2,063 per month, about 36.1% of household income.
Is Lake Bluff, IL a good place to live?
Pluses: median household income 145% higher than the Illinois median; unemployment of 4.4%; a poverty rate of 1.5%. Minuses: home values 195% higher than the state median; an average commute of 28 minutes.
What is the median age in Lake Bluff?
The median age in Lake Bluff is 46.3 years (Illinois: 39).
How long is the commute in Lake Bluff?
The average commute to work in Lake Bluff is 28 minutes; 33.8% of workers work from home.
What is the unemployment rate in Lake Bluff?
The unemployment rate in Lake Bluff is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Bluff?
81.6% of adults in Lake Bluff have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: