Bannockburn

Population: 1,125
Median household income: $195,625
Median home value: $1,110,800

Bannockburn, a community in Lake County, Illinois, has 1,125 residents. At $195,625, its median household income sits above Lake County's $108,917.

Between 2019 and 2023, Bannockburn's population declined 9.6% from 1,244 to 1,125, while its median home value rose 14.4% from $971,200 to $1,110,800.

Households average 2.84 people. 86.7% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 1,125
Median age: 31.0 yrs
Median household income: $195,625
Median home value: $1,110,800
Median gross rent: —
Housing units: 257
Homeownership rate: 88.3%
Bachelor's degree or higher: 86.7%
Unemployment rate: 1.9%

Trends

ACS 5-year · 2019–2023

Population

1,2441,125

Median household income

$117,917$195,625

Median home value

$971,200$1,110,800

Median gross rent

$1,065$1,388

Year	Population	Median household income	Median home value	Median gross rent
2019	1,244	$117,917	$971,200	$1,065
2020	1,194	$115,833	$983,700	$1,030
2021	1,315	$147,500	$987,500	$1,075
2022	1,065	$161,875	$1,027,400	$1,388
2023	1,125	$195,625	$1,110,800	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.4%

5 to 1711.8%

18 to 2426.6%

25 to 3411.8%

35 to 449.1%

45 to 548.8%

55 to 645.5%

65 to 749.3%

75 and over9.7%

	Count	Share
Under 5	83	7.4%
5 to 17	133	11.8%
18 to 24	299	26.6%
25 to 34	133	11.8%
35 to 44	102	9.1%
45 to 54	99	8.8%
55 to 64	62	5.5%
65 to 74	105	9.3%
75 and over	109	9.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	800	71.1%
Black or African American	125	11.1%
American Indian & Alaska Native	0	0.0%
Asian	96	8.5%
Native Hawaiian & Pacific Islander	19	1.7%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	85	7.6%

Educational attainment (age 25+)

No high school diploma1.0%

High school graduate2.6%

Some college or associate's9.7%

Bachelor's degree42.8%

Graduate or professional degree43.9%

	Count	Share
No high school diploma	6	1.0%
High school graduate	16	2.6%
Some college or associate's	59	9.7%
Bachelor's degree	261	42.8%
Graduate or professional degree	268	43.9%

Commute to work

Mean travel time to work: 22 min

Drove alone48.4%

Carpooled1.1%

Public transit2.2%

Walked24.7%

Bicycle0.0%

Worked from home23.5%

Other means0.2%

How workers get to work

	Count	Share
Drove alone	266	48.4%
Carpooled	6	1.1%
Public transit	12	2.2%
Walked	136	24.7%
Bicycle	0	0.0%
Worked from home	129	23.5%
Other means	1	0.2%

Travel time

	Count	Share
Under 15 min	204	48.5%
15 to 29 min	120	28.5%
30 to 44 min	57	13.5%
45 to 59 min	4	1.0%
60+ min	36	8.6%

Households

Average household size: 2.84
Poverty rate: 3.2% (23 of 729)

	Count	Share
Family households	222	86.4%
Nonfamily households	35	13.6%

Housing

Median year structure built: 1975

Occupancy

	Count	Share
Occupied	257	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	227	88.3%
Renter-occupied	30	11.7%

1-unit, detached91.8%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units8.2%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	236	91.8%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	21	8.2%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1703610
Type (LSAD): 47
Land area: 2.03 sq mi
Water area: 0.02 sq mi
Center point: 42.1922, -87.8698