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Lincolnwood, 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
13,112
Population
$109,731
Median Income
$496,400
Home Value
45.6
Median Age

Demographics

Lincolnwood has a population of 13,112 with a median age of 45.6. Here is the racial and ethnic breakdown of the population:

White
58.0%
Asian
27.5%
Hispanic
7.4%
Black
4.3%
Other
2.8%
Demographic Value
Total Population13,112
Median Age45.6
White58.0%
Black or African American4.3%
Asian27.5%
Hispanic or Latino7.4%
Other / Two or More Races2.8%
Lincolnwood, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 58.0%Asian: 27.5%Hispanic/Latino: 7.4%Black: 4.3%Other: 2.8%13,112PopulationWhiteWhite58.0%AsianAsian27.5%Hispanic/LatinoHispanic/Latino7.4%BlackBlack4.3%OtherOther2.8%

Income & Economy

The median household income in Lincolnwood is $109,731, which is 36.1% above the national median of $80,610. The per capita income is $59,080. The poverty rate is 6.3%.

$109,731
Median Household Income
$59,080
Per Capita Income
6.3%
Poverty Rate

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Education

In Lincolnwood, 93.4% of residents age 25+ have a high school diploma or higher, and 56.5% hold a bachelor's degree or higher (22.8% with a graduate or professional degree).

HS Diploma+
93.4%
Bachelor's+
56.5%
Graduate+
22.8%
Education Level % of Adults (25+)
High School Diploma or Higher93.4%
Bachelor's Degree or Higher56.5%
Graduate or Professional Degree22.8%

Housing

The median home value in Lincolnwood is $496,400, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 83.8%.

$496,400
Median Home Value
$3,501/mo
Median Rent
83.8%
Homeownership Rate
Housing Metric Value
Median Home Value$496,400
Median Monthly Rent$3,501
Homeownership Rate83.8%
Vacancy Rate6.7%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Lincolnwood, Illinois?
The population of Lincolnwood, Illinois is 13,112 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lincolnwood, Illinois?
The median household income in Lincolnwood, Illinois is $109,731. This is 36.1% above the national median of $80,610.
What is the median home value in Lincolnwood, Illinois?
The median home value in Lincolnwood, Illinois is $496,400. The median monthly rent is $3,501.
What percentage of people in Lincolnwood have a college degree?
In Lincolnwood, Illinois, 56.5% of adults age 25 and older hold a bachelor's degree or higher, and 93.4% have a high school diploma or higher.
Is Lincolnwood, Illinois an affordable place to live?
The home price-to-income ratio in Lincolnwood, Illinois is 4.5x (median home value $496,400 vs. median income $109,731), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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