Lake Bluff, IL
Population 5,834 · Illinois
About Lake Bluff, IL
Lake Bluff is a small community in Illinois with a population of 5,834 residents. The median household income is $205,735 per year, which is above the national average. The median age in Lake Bluff is 44.9 years.
Housing in Lake Bluff has a median home value of $739,400 and median monthly rent of $1,826. Of the 2,301 total housing units, the majority are owner-occupied, with 1,989 owner-occupied and 185 renter-occupied units.
The unemployment rate in Lake Bluff is 3.4% and the poverty rate is 2.2%. 81.8% of residents hold a bachelor's degree or higher. The average commute time is 27.9 minutes.
How Lake Bluff Ranks in Illinois
Cost of Living in Lake Bluff, IL
Compared to national averages, Lake Bluff has a median household income of $205,735 (174% above the national median of $75,149). Home values average $739,400, which is 202% above the national median. Monthly rent at $1,826 is 57% above the US average of $1,163. Within Illinois, Lake Bluff's income is 174% above the state average of $75,072, and home values are 346% above the state median of $165,779.
Why Live in Lake Bluff, IL?
Lake Bluff offers a strong local economy with a median household income of $205,735, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 81.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $739,400. However, Lake Bluff’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Bluff has a population of 5,834 with a median age of 44.9 years. Compare Lake Bluff with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lake Bluff
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Peoria Heights | 5,834 | $62,083 | $118,000 | Compare |
| Carterville | 5,822 | $65,238 | $183,500 | Compare |
| Bartonville | 5,854 | $67,674 | $128,000 | Compare |
| Spring Grove | 5,866 | $133,224 | $371,200 | Compare |
| Willow Springs | 5,871 | $103,429 | $370,900 | Compare |
| Lakemoor | 5,878 | $96,929 | $261,300 | Compare |
| Du Quoin | 5,780 | $47,632 | $78,000 | Compare |
| Metropolis | 5,898 | $51,548 | $93,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Bluff
What is the population of Lake Bluff, IL?
The population of Lake Bluff, IL is 5,834 according to the latest Census data.
What is the median household income in Lake Bluff?
The median household income in Lake Bluff, IL is $205,735 per year.
What is the median home value in Lake Bluff?
The median home value in Lake Bluff, IL is $739,400.
What is the average rent in Lake Bluff?
The median monthly rent in Lake Bluff, IL is $1,826.
What is the unemployment rate in Lake Bluff?
The unemployment rate in Lake Bluff, IL is 3.4%.