North Barrington, IL
Population 3,113 · Illinois
About North Barrington, IL
North Barrington is a small town located in Illinois with a population of 3,113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $216,250 per year, which is 188% above the national median of $75,149. The median age of 49.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in North Barrington features a median home value of $690,900, which is 182% above the national median of $244,900. This places North Barrington in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,925, 66% above the national average of $1,163/month. Of the 1,136 total housing units, 98% are owner-occupied (1,074 units) and 2% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Barrington shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in North Barrington have an average one-way commute time of 29.8 minutes.
Education & Demographics
75.4% of North Barrington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.6% White, 0.0% Hispanic or Latino, 1.0% Black or African American, and 0.7% Asian residents, with 11.3% of the population being foreign-born.
How North Barrington Ranks in Illinois
Cost of Living in North Barrington, IL
Compared to national averages, North Barrington has a median household income of $216,250 (188% above the national median of $75,149). Home values average $690,900, which is 182% above the national median. Monthly rent at $1,925 is 66% above the US average of $1,163. Within Illinois, North Barrington's income is 188% above the state average of $75,072, and home values are 317% above the state median of $165,779.
Why Live in North Barrington, IL?
North Barrington offers a strong local economy with a median household income of $216,250, well above the national average, and a well-educated community where 75.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $690,900. However, North Barrington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Barrington has a population of 3,113 with a median age of 49.2 years. Compare North Barrington with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near North Barrington
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gillespie | 3,118 | $76,806 | $89,500 | Compare |
| Georgetown | 3,105 | $56,781 | $70,500 | Compare |
| Carlyle | 3,134 | $67,083 | $151,900 | Compare |
| Knoxville | 3,137 | $80,385 | $139,900 | Compare |
| Momence | 3,076 | $52,048 | $159,600 | Compare |
| East Dundee | 3,156 | $87,102 | $260,000 | Compare |
| Holiday Shores | 3,162 | $98,265 | $231,300 | Compare |
| Sleepy Hollow | 3,165 | $147,407 | $365,200 | 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.
Compare North Barrington With Other Cities
Frequently Asked Questions about North Barrington
What is the population of North Barrington, IL?
The population of North Barrington, IL is 3,113 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in North Barrington?
The median household income in North Barrington, IL is $216,250 per year, which is 188% above the national median of $75,149.
What is the median home value in North Barrington?
The median home value in North Barrington, IL is $690,900, which is 182% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Barrington?
The median monthly rent in North Barrington, IL is $1,925, which is 66% above the national average of $1,163/month.
What is the unemployment rate in North Barrington?
The unemployment rate in North Barrington, IL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Barrington, IL a good place to live?
North Barrington offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,113 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is North Barrington, IL?
75.4% of residents in North Barrington aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in North Barrington?
Key cost-of-living indicators for North Barrington, IL: median home value is $690,900 (182% above national), median rent is $1,925/month, and median household income is $216,250. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in North Barrington?
The poverty rate in North Barrington, IL is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is North Barrington, IL?
North Barrington's population is 1.6% White, 0.0% Hispanic or Latino, 1.0% Black or African American, 0.7% Asian, and 0.3% two or more races. 11.3% of residents are foreign-born.