Lake Bluff, IL Profile: Facts & Data

Lake Bluff, Illinois - Basic Facts

The Village of Lake Bluff had a population of 5,501 as of July 1, 2024.

The primary coordinate point for Lake Bluff is located at latitude 42.2789 and longitude -87.8342 in Lake County. The formal boundaries for the Village of Lake Bluff encompass a land area of 4.05 sq. miles and a water area of 0.01 sq. miles. Lake County is in the Central time zone (GMT -6).

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

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Lake Bluff, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,501 (100%)
Population in Households	5,501 (100.0%)
Population in Families	5,015 (91.2%)
Population in Group Quarters¹	0
Population Density	1,350
Diversity Index²	36


INCOME
Median Household Income	$191,118
Average Household Income	$259,017
% of Income for Mortgage⁴	23%
Per Capita Income	$96,195
Wealth Index⁵	272
Socioeconomic Status Index⁶	High (72.0)

HOUSING
Total HU (Housing Units)	2,172 (100%)
Owner Occupied HU	1,794 (82.6%)
Renter Occupied HU	249 (11.5%)
Vacant Housing Units	129 ( 5.9%)
Median Home Value	$695,447
Average Home Value	$770,011
Housing Affordability Index³	89

HOUSEHOLDS
Total Households	2,043
Average Household Size	2.69
Family Households	1,606
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,172 (100%)

Owner Occupied HU

1,794 (82.6%)

Renter Occupied HU

249 (11.5%)

Vacant Housing Units

129 ( 5.9%)

Median Home Value

$695,447

Average Home Value

$770,011

Housing Affordability Index³

HOUSEHOLDS

Total Households

2,043

Average Household Size

2.69

Family Households

1,606

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.49%	-0.58%
Households	0.01%	-0.10%
Families		-0.16%
Median Household Income		0.91%
Per Capita Income		2.46%
Owner Occupied HU		-0.01%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.49%

-0.58%

Households

0.01%

-0.10%

Families

-0.16%

Median Household Income

0.91%

Per Capita Income

2.46%

Owner Occupied HU

-0.01%

Lake Bluff, IL - Peer Comparisons by Rank and Percentile

The table below compares Lake Bluff to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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	# 320	78th
Population Density	# 485	67th
Median Household Income	# 16	99th
Housing Affordability Index	# 267	18th
Per Capita Income	# 4	100th
Diversity Index	# 427	71st

Variable Description

Rank

Percentile

Total Population

# 320

78th

Population Density

# 485

67th

Median Household Income

# 16

99th

Housing Affordability Index

# 267

18th

Per Capita Income

# 4

100th

Diversity Index

# 427

71st

Illinois Census Data Comparison Tool

Lake Bluff, IL Profile: Facts & Data

Lake Bluff, Illinois - Basic Facts

Lake Bluff, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Bluff, IL - Peer Comparisons by Rank and Percentile

Lake Bluff, IL - Most Popular Things to Do

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