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Lincolnshire, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,980
Population
$185,580
Median Income
$677,700
Home Value
49.4
Median Age

Demographics

Lincolnshire has a population of 7,980 with a median age of 49.4. Here is the racial and ethnic breakdown of the population:

White
69.4%
Asian
24.0%
Other
3.6%
Hispanic
1.6%
Black
1.4%
Demographic Value
Total Population7,980
Median Age49.4
White69.4%
Black or African American1.4%
Asian24.0%
Hispanic or Latino1.6%
Other / Two or More Races3.6%
Lincolnshire, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 69.4%Asian: 24.0%Other: 3.6%Other: 3.0%7,980PopulationWhiteWhite69.4%AsianAsian24.0%OtherOther3.6%OtherOther3.0%

Income & Economy

The median household income in Lincolnshire is $185,580, which is 130.2% above the national median of $80,610. The per capita income is $93,736. The poverty rate is 5.2%.

$185,580
Median Household Income
$93,736
Per Capita Income
5.2%
Poverty Rate

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Education

In Lincolnshire, 97.5% of residents age 25+ have a high school diploma or higher, and 77.0% hold a bachelor's degree or higher (41.1% with a graduate or professional degree).

HS Diploma+
97.5%
Bachelor's+
77.0%
Graduate+
41.1%
Education Level % of Adults (25+)
High School Diploma or Higher97.5%
Bachelor's Degree or Higher77.0%
Graduate or Professional Degree41.1%

Housing

The median home value in Lincolnshire is $677,700, above the national median of $303,400. The median monthly rent is $2,858. The homeownership rate is 78.2%.

$677,700
Median Home Value
$2,858/mo
Median Rent
78.2%
Homeownership Rate
Housing Metric Value
Median Home Value$677,700
Median Monthly Rent$2,858
Homeownership Rate78.2%
Vacancy Rate7.1%

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Frequently Asked Questions

What is the population of Lincolnshire, Illinois?
The population of Lincolnshire, Illinois is 7,980 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lincolnshire, Illinois?
The median household income in Lincolnshire, Illinois is $185,580. This is 130.2% above the national median of $80,610.
What is the median home value in Lincolnshire, Illinois?
The median home value in Lincolnshire, Illinois is $677,700. The median monthly rent is $2,858.
What percentage of people in Lincolnshire have a college degree?
In Lincolnshire, Illinois, 77.0% of adults age 25 and older hold a bachelor's degree or higher, and 97.5% have a high school diploma or higher.
Is Lincolnshire, Illinois an affordable place to live?
The home price-to-income ratio in Lincolnshire, Illinois is 3.7x (median home value $677,700 vs. median income $185,580), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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