Libertyville

Population: 20,493
Median household income: $162,270
Median home value: $499,300

Located in Lake County, Illinois, Libertyville is a community with a population of 20,493. Its median household income of $162,270 runs above the Lake County figure of $108,917.

Between 2019 and 2023, Libertyville's population held roughly steady from 20,382 to 20,493, while its median home value rose 11.5% from $447,900 to $499,300.

The median resident is 41.9 years old. The largest age group is 5 to 17, 20.6% of residents.

Demographics

ACS 2019–2023

Population: 20,493
Median age: 41.9 yrs
Median household income: $162,270
Median home value: $499,300
Median gross rent: $1,537
Housing units: 7,774
Homeownership rate: 80.0%
Bachelor's degree or higher: 71.5%
Unemployment rate: 2.9%

Trends

ACS 5-year · 2019–2023

Population

20,38220,493

Median household income

$134,110$162,270

Median home value

$447,900$499,300

Median gross rent

$1,313$1,537

Year	Population	Median household income	Median home value	Median gross rent
2019	20,382	$134,110	$447,900	$1,313
2020	20,300	$150,580	$450,300	$1,363
2021	20,616	$153,674	$448,800	$1,405
2022	20,555	$161,302	$488,800	$1,453
2023	20,493	$162,270	$499,300	$1,537

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

Age distribution

Under 55.4%

5 to 1720.6%

18 to 245.6%

25 to 349.5%

35 to 4412.4%

45 to 5415.3%

55 to 6413.7%

65 to 749.8%

75 and over7.8%

	Count	Share
Under 5	1,098	5.4%
5 to 17	4,226	20.6%
18 to 24	1,141	5.6%
25 to 34	1,953	9.5%
35 to 44	2,536	12.4%
45 to 54	3,134	15.3%
55 to 64	2,802	13.7%
65 to 74	1,999	9.8%
75 and over	1,604	7.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	16,575	80.9%
Black or African American	255	1.2%
American Indian & Alaska Native	31	0.2%
Asian	1,203	5.9%
Native Hawaiian & Pacific Islander	9	0.0%
Some other race	14	0.1%
Two or more races	751	3.7%
Hispanic or Latino (any race)	1,655	8.1%

Educational attainment (age 25+)

No high school diploma2.2%

High school graduate8.6%

Some college or associate's17.7%

Bachelor's degree41.5%

Graduate or professional degree30.0%

	Count	Share
No high school diploma	314	2.2%
High school graduate	1,203	8.6%
Some college or associate's	2,481	17.7%
Bachelor's degree	5,818	41.5%
Graduate or professional degree	4,212	30.0%

Commute to work

Mean travel time to work: 26 min

Drove alone64.0%

Carpooled4.5%

Public transit3.1%

Walked1.5%

Bicycle0.1%

Worked from home25.9%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	6,215	64.0%
Carpooled	440	4.5%
Public transit	298	3.1%
Walked	144	1.5%
Bicycle	9	0.1%
Worked from home	2,514	25.9%
Other means	88	0.9%

Travel time

	Count	Share
Under 15 min	1,982	27.6%
15 to 29 min	2,843	39.5%
30 to 44 min	1,163	16.2%
45 to 59 min	476	6.6%
60+ min	730	10.1%

Households

Average household size: 2.64
Poverty rate: 3.6% (735 of 20,156)

	Count	Share
Family households	5,402	71.3%
Nonfamily households	2,171	28.7%

Housing

Median year structure built: 1976

Occupancy

	Count	Share
Occupied	7,573	97.4%
Vacant	201	2.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	6,061	80.0%
Renter-occupied	1,512	20.0%

1-unit, detached67.2%

1-unit, attached9.5%

2 to 4 units6.3%

5 to 19 units7.2%

20 or more units9.6%

Mobile home & other0.1%

Units in structure

	Count	Share
1-unit, detached	5,228	67.2%
1-unit, attached	740	9.5%
2 to 4 units	488	6.3%
5 to 19 units	558	7.2%
20 or more units	750	9.6%
Mobile home & other	10	0.1%

Geography

Place GEOID: 1743250
Type (LSAD): 47
Land area: 8.81 sq mi
Water area: 0.35 sq mi
Center point: 42.2847, -87.9665