Lake Bluff is a somewhat small village located in the state of Illinois. With a population of 5,549 people and two associated neighborhoods, Lake Bluff is the 319th largest community in Illinois.
Lake Bluff home prices are not only among the most expensive in Illinois, but Lake Bluff real estate also consistently ranks among the most expensive in America.
Also of interest is that Lake Bluff has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 25.92% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lake Bluff is a great place for families with children to consider. First of all, many other families with children live here, making Lake Bluff a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Bluff has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Bluff’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Even though Lake Bluff is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Lake Bluff is a pretty powerful place. 80.41% of the adults in Lake Bluff have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lake Bluff in 2022 was $105,762, which is wealthy relative to Illinois and the nation. This equates to an annual income of $423,048 for a family of four.
Lake Bluff is a somewhat ethnically-diverse village. The people who call Lake Bluff home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Bluff residents report their race to be White, followed by Asian. Important ancestries of people in Lake Bluff include German, Irish, English, Italian, and Polish.
The most common language spoken in Lake Bluff is English. Other important languages spoken here include Chinese and Spanish.