Last updated: 2024 BLS data · Page refreshed:
Lake Barrington has a population of 5,442 with a median age of 54.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,442 |
| Median Age | 54.9 |
| White | 86.3% |
| Asian | 7.0% |
| Hispanic or Latino | 2.0% |
| Other / Two or More Races | 4.7% |
The median household income in Lake Barrington is $141,958, which is 76.1% above the national median of $80,610. The per capita income is $74,380. The poverty rate is 6.3%.
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In Lake Barrington, 97.5% of residents age 25+ have a high school diploma or higher, and 63.6% hold a bachelor's degree or higher (28.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.5% |
| Bachelor's Degree or Higher | 63.6% |
| Graduate or Professional Degree | 28.9% |
The median home value in Lake Barrington is $475,700, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 89.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $475,700 |
| Median Monthly Rent | $3,501 |
| Homeownership Rate | 89.0% |
| Vacancy Rate | 4.7% |
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