Deerfield, IL Profile: Facts & Data

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Deerfield, Illinois - Basic Facts

The Village of Deerfield had a population of 18,767 as of July 1, 2020. Deerfield ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Deerfield is located at latitude 42.1711 and longitude -87.8445 in Lake County. The formal boundaries for the Village of Deerfield encompass a land area of 5.53 sq. miles and a water area of 0.04 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 686 feet.

While the primary coordinates for Village of Deerfield are located in Lake County, it should be noted that the formal boundaries for this community also extend into and Cook County.

The Village of Deerfield (GNIS ID: 2398705) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Deerfield is located within Township of West Deerfield, a minor civil division (MCD) of Lake County.


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Deerfield, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 18,767 (100%)
Population in Households 18,663 (99.4%)
Population in Families 16,765 (89.3%)
Population in Group Quarters1 104 ( 0.6%)
Population Density 3,394
Diversity Index2 24
 
 

INCOME

Median Household Income $157,251
Average Household Income $216,191
% of Income for Mortgage4 15%
Per Capita Income $80,222
Wealth Index5 323
 

HOUSING

Total HU (Housing Units) 7,326 (100%)
Owner Occupied HU 5,856 (79.9%)
Renter Occupied HU 1,139 (15.5%)
Vacant Housing Units 331 ( 4.5%)
Median Home Value $562,384
Average Home Value $612,506
Housing Affordability Index3 142
 

HOUSEHOLDS

Total Households 6,995
Average Household Size 2.67
Family Households 5,374
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.28% -0.15%
Households 0.51% -0.04%
Families 0.5% -0.11%
Median Household Income   1.14%
Per Capita Income   1.65%
Owner Occupied HU   -0.02%

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Deerfield, IL - Peer Comparisons by Rank and Percentile

The table below compares Deerfield to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 133 90th
Population Density # 115 92nd
Median Household Income # 17 99th
Housing Affordability Index # 198 14th
Per Capita Income # 19 99th
Diversity Index # 448 67th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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