Grandwood Park vs Lake Barrington

A side-by-side comparison of Grandwood Park and Lake Barrington: population, income, housing, and more.

Grandwood Park and Lake Barrington are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Barrington has the higher population (5,400 vs 5,311 in Grandwood Park). Lake Barrington has the higher median household income ($132,857 vs $124,847 in Grandwood Park). Lake Barrington has the higher median home value ($451,400 vs $313,000 in Grandwood Park).

Population, income & housing

	Grandwood Park	Lake Barrington
Population	5,311	5,400
Median age	42.2 yrs	52.7 yrs
Median household income	$124,847	$132,857
Median home value	$313,000	$451,400
Median gross rent	$1,797	$3,060
Housing units	2,135	2,427
Homeownership rate	86.8%	89.1%
Bachelor's degree or higher	59.1%	62.3%
Unemployment rate	2.0%	5.7%

Trends (ACS 5-year, 2019–2023)

	Grandwood Park	Lake Barrington
Population	5,170 → 5,311 (+2.7%)	5,117 → 5,400 (+5.5%)
Median household income	$117,989 → $124,847 (+5.8%)	$110,972 → $132,857 (+19.7%)
Median home value	$228,500 → $313,000 (+37.0%)	$379,700 → $451,400 (+18.9%)
Median gross rent	$1,504 → $1,797 (+19.5%)	$1,389 → $3,060 (+120.3%)

Grandwood Park

Population

5,1705,311

Median household income

$117,989$124,847

Median home value

$228,500$313,000

Median gross rent

$1,504$1,797

Lake Barrington

Population

5,1175,400

Median household income

$110,972$132,857

Median home value

$379,700$451,400

Median gross rent

$1,389$3,060

Age & race/ethnicity

Age distribution (share)

	Grandwood Park	Lake Barrington
Under 5	3.4%	5.3%
5 to 17	16.9%	13.9%
18 to 24	11.0%	8.7%
25 to 34	10.2%	5.2%
35 to 44	11.6%	7.9%
45 to 54	18.0%	11.9%
55 to 64	17.3%	14.4%
65 to 74	6.2%	15.6%
75 and over	5.4%	17.1%

Race & ethnicity (share)

	Grandwood Park	Lake Barrington
White (non-Hispanic)	64.0%	87.8%
Black or African American	5.8%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	13.2%	5.8%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.8%
Two or more races	2.7%	3.5%
Hispanic or Latino	14.0%	2.2%

Educational attainment (age 25+)

Share of adults 25+

	Grandwood Park	Lake Barrington
No high school diploma	3.5%	2.3%
High school graduate	14.2%	13.4%
Some college or associate's	23.2%	22.0%
Bachelor's degree	40.7%	36.4%
Graduate or professional degree	18.5%	26.0%

Commute to work

How workers get to work (share)

	Grandwood Park	Lake Barrington
Drove alone	72.9%	72.2%
Carpooled	4.9%	1.9%
Public transit	0.6%	1.9%
Walked	1.2%	1.7%
Bicycle	0.3%	0.0%
Worked from home	18.8%	21.3%
Other means	1.4%	1.1%

Housing

Units in structure (share)

	Grandwood Park	Lake Barrington
1-unit, detached	86.4%	45.5%
1-unit, attached	7.8%	27.8%
2 to 4 units	1.7%	11.8%
5 to 19 units	1.7%	2.5%
20 or more units	2.4%	10.1%
Mobile home & other	0.0%	2.3%

Poverty & households

	Grandwood Park	Lake Barrington
Poverty rate	2.1%	6.2%
Average household size	2.66	2.31
Mean commute (minutes)	27	34
Median year structure built	1991	1985