Lake Barrington 63 Average
Lake Barrington Livability #759 ranked city in Illinois#14,791 ranked city in the USARanks better than 49% of areas

Pros and Cons of Living in Lake Barrington

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

New Real Estate Listings in Lake Barrington Area
Search Homes for Sale in Lake Barrington, IL

What's it like Living in Lake Barrington?

Located in the state of Illinois, Lake Barrington is a small-sized city with a population of 5,094 inhabitants. At 95%, the majority of the Lake Barrington population is White; this is followed by 3% Asian and 0% Black. In Lake Barrington, there seems to be a shift in population towards an older age group. The average age of the population is now 56, which is significantly higher than the nation’s average. Something to be aware of when living in Lake Barrington are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 36 minutes, this comes in much higher than the national average of 26 minutes.

Living in Lake Barrington can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of Illinois, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like commute, health & safety, employment, you can easily compare the best places to live in Lake Barrington and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Barrington to Illinois and the national average.

With a livability score of 61/100, Lake Barrington is ranked #15,179 in the United States and #717 in Illinois. There are nine total categories that create the livability score. Lake Barrington scores well for crime (A+) and housing (A) Lake Barrington does not rank well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lake Barrington excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lake Barrington is real estate affordability. Median real estate prices in Lake Barrington come in at $367,100, which is 110% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Lake Barrington, the home price to income ratio is 3.5, which is 16.7% higher than the Illinois average.

Best Places to Live in and Around Lake Barrington

See all the best places to live around Lake Barrington

How Do You Rate The Livability In Lake Barrington?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Lake Barrington, IL Livability

      vs

      Lake Barrington transportation information

      Statistic Lake Barrington Illinois National
      Average one way commute36min29min26min
      Workers who drive to work71.0%73.4%76.4%
      Workers who carpool2.6%8.3%9.3%
      Workers who take public transit3.7%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk0.0%3.1%2.8%
      Working from home21.9%4.4%4.6%
      Source: The Lake Barrington, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).