Lincolnshire

Population: 7,937
Median household income: $179,735
Median home value: $625,800

Located in Lake County, Illinois, Lincolnshire is a community with a population of 7,937. At $179,735, its median household income sits above Lake County's $108,917.

From 2019 to 2023, Lincolnshire's population grew 4.8% from 7,572 to 7,937, while its median home value rose 23.0% from $508,700 to $625,800.

Owners occupy 81.3% of the area's occupied homes. The median resident is 51.3 years old.

Demographics

ACS 2019–2023

Population: 7,937
Median age: 51.3 yrs
Median household income: $179,735
Median home value: $625,800
Median gross rent: $2,655
Housing units: 3,558
Homeownership rate: 81.3%
Bachelor's degree or higher: 76.7%
Unemployment rate: 1.5%

Trends

ACS 5-year · 2019–2023

Population

7,5727,937

Median household income

$116,316$179,735

Median home value

$508,700$625,800

Median gross rent

$2,791$2,655

Year	Population	Median household income	Median home value	Median gross rent
2019	7,572	$116,316	$508,700	$2,791
2020	7,694	$130,076	$556,900	$2,720
2021	7,905	$144,676	$569,600	$2,679
2022	7,907	$155,395	$598,100	$2,799
2023	7,937	$179,735	$625,800	$2,655

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

Age distribution

Under 53.2%

5 to 1715.2%

18 to 246.2%

25 to 3410.2%

35 to 448.0%

45 to 5412.2%

55 to 6417.6%

65 to 7411.9%

75 and over15.5%

	Count	Share
Under 5	257	3.2%
5 to 17	1,204	15.2%
18 to 24	491	6.2%
25 to 34	811	10.2%
35 to 44	636	8.0%
45 to 54	965	12.2%
55 to 64	1,397	17.6%
65 to 74	946	11.9%
75 and over	1,230	15.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,774	72.7%
Black or African American	70	0.9%
American Indian & Alaska Native	0	0.0%
Asian	1,790	22.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	15	0.2%
Two or more races	163	2.1%
Hispanic or Latino (any race)	125	1.6%

Educational attainment (age 25+)

No high school diploma3.0%

High school graduate9.5%

Some college or associate's10.8%

Bachelor's degree37.0%

Graduate or professional degree39.7%

	Count	Share
No high school diploma	177	3.0%
High school graduate	571	9.5%
Some college or associate's	647	10.8%
Bachelor's degree	2,216	37.0%
Graduate or professional degree	2,374	39.7%

Commute to work

Mean travel time to work: 27 min

Drove alone52.8%

Carpooled4.1%

Public transit4.2%

Walked0.5%

Bicycle0.0%

Worked from home35.7%

Other means2.6%

How workers get to work

	Count	Share
Drove alone	2,019	52.8%
Carpooled	157	4.1%
Public transit	162	4.2%
Walked	21	0.5%
Bicycle	0	0.0%
Worked from home	1,365	35.7%
Other means	101	2.6%

Travel time

	Count	Share
Under 15 min	639	26.0%
15 to 29 min	866	35.2%
30 to 44 min	568	23.1%
45 to 59 min	156	6.3%
60+ min	231	9.4%

Households

Average household size: 2.32
Poverty rate: 4.0% (308 of 7,730)

	Count	Share
Family households	2,132	65.1%
Nonfamily households	1,143	34.9%

Housing

Median year structure built: 1992

Occupancy

	Count	Share
Occupied	3,275	92.0%
Vacant	283	8.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,663	81.3%
Renter-occupied	612	18.7%

1-unit, detached49.6%

1-unit, attached14.2%

2 to 4 units0.7%

5 to 19 units0.6%

20 or more units34.9%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,763	49.6%
1-unit, attached	507	14.2%
2 to 4 units	25	0.7%
5 to 19 units	23	0.6%
20 or more units	1,240	34.9%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1743666
Type (LSAD): 47
Land area: 4.57 sq mi
Water area: 0.14 sq mi
Center point: 42.1965, -87.9177