Lake Barrington vs Elgin
| Lake Barrington | Elgin | |
|---|---|---|
| Population | 5,377 | 114,190 |
| Median Household Income | $141,958 | $90,282 |
| Median Home Value | $475,700 | $273,000 |
| Median Gross Rent | $3,501/mo | $1,361/mo |
| Homeownership Rate | 89.0% | 71.9% |
| Unemployment Rate | 5.9% | 6.1% |
| Bachelor's Degree or Higher | 63.6% | 27.0% |
| Median Age | 54.9 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.