Lake Zurich is a medium-sized village located in the state of Illinois. With a population of 19,624 people and five associated neighborhoods, Lake Zurich is the 125th largest community in Illinois.
Lake Zurich home prices are not only among the most expensive in Illinois, but Lake Zurich real estate also consistently ranks among the most expensive in America.
Also of interest is that Lake Zurich has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.68% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lake Zurich is a great place for families with children to consider. First of all, many other families with children live here, making Lake Zurich a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Zurich has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Zurich’s overall crime rate is lower than average for the country.
One downside of living in Lake Zurich, however, is that residents on average have to contend with a long commute, spending on average 30.81 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Lake Zurich, you'll likely find that many of your neighbors like to as well. Lake Zurich is one of the more educated communities in America, with a full 58.28% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Lake Zurich in 2022 was $59,566, which is wealthy relative to Illinois and the nation. This equates to an annual income of $238,264 for a family of four.
Lake Zurich is a somewhat ethnically-diverse village. The people who call Lake Zurich home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Zurich residents report their race to be White, followed by Asian. Important ancestries of people in Lake Zurich include German, Irish, Polish, Italian, and English.
Lake Zurich also has a high percentage of its population that was born in another country: 15.36%.
The most common language spoken in Lake Zurich is English. Other important languages spoken here include Polish and Langs. of India.