What to know when moving to Lincolnshire, IL
Lincolnshire at a Glance
- The Vibe:
- A highly educated area where 72% of residents hold a bachelor's degree and only 18.2% are renters.
- The Major Draw:
- The median household income is $157,366, providing a solid financial foundation.
- The Reality Check:
- The median gross rent is $2,682, which may be high for some budgets.
- Commute:
- Only 4.1% of residents use public transit.
- Top Tip:
- Budget for $2,682/month rent to secure housing.
The 'Vibe' Check: Who Thrives Here?
Lincolnshire has a population of approximately 8,728, with a strong educational background reflected in its high percentage of residents with bachelor's degrees. The community tends to lean towards homeownership, with 81.8% of residents owning their homes. With a low poverty rate of 4.6%, the area provides a stable environment. The limited public transit usage suggests that most residents rely on cars for commuting, which could be a consideration for newcomers.
Probably not your spot if: high rent is a dealbreaker, given that the median gross rent is $2,682.
Your Money: Housing & Cost Snapshot
- Median gross rent is $2,682, which may challenge some budgets.
- The median owner-occupied home value is $569,900, indicating a competitive housing market.
- 72% of residents have a bachelor's degree, contributing to the area's educational character.
- The poverty rate stands at 4.6%, suggesting economic stability.
- Only 4.1% of residents commute via public transit, indicating a car-dependent community.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In Illinois, the property crime rate is 1,549 per 100,000 residents, slightly above the national rate of 1,546. However, property crime has decreased by 16.1% from 2022 to 2025. The violent crime rate is 245.7 per 100,000, which is significantly lower than the national average of 325.3 and has seen a 28.7% decline in the same period.
- Violent crime: 245.7 per 100,000 vs. national average of 325.3, down 28.7% since 2022.
- Property crime: 1,549 per 100,000 vs. national average of 1,546, down 16.1% since 2022.
- Notable trend: Homicide rate decreased by 52.6% since 2022, currently at 4.5 per 100,000.
Source: FBI Crime Data Explorer (state-level summarized data for Illinois).
Schools & Higher Ed
Lincolnshire offers access to a range of educational institutions across nearby counties. In total, there are 18 postsecondary institutions in the area, including notable schools like Lake Forest College and Rosalind Franklin University of Medicine and Science.
- Total postsecondary institutions: 18.
- With College Scorecard data: 18.
- Nearby options include College of Lake County in Grayslake and Empire Beauty School in Vernon Hills.
Source: NCES Postsecondary School Locations, U.S. Dept. of Education College Scorecard.
Weather & Getting Outside
While climate data is unavailable, Lincolnshire features several parks and outdoor spaces that offer great recreational opportunities.
- Paulus Park - 4.7 stars, 1,042 reviews.
- Century Park Arboretum - 4.7 stars, 1,005 reviews.
- Deer Grove Forest Preserve - 4.7 stars, 975 reviews.
- Half Day Forest Preserve - 4.7 stars, 750 reviews.
Source: Google Places API.
Jobs & the Local Economy
In Lake County, the unemployment rate is 5.8% as of December 2025, with a workforce of 360,967. Approximately 340,180 people are employed in the area, indicating a solid job market.
- Unemployment rate: 5.8% (December 2025).
- Total employed: 340,180.
- Total labor force: 360,967.
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.