Municipality

• Home-rule village, incorporated in 1957
• 4.8 sq. miles in area
• 7.5% sales tax rate & 0.241 property tax rate (3% of property tax bill is the Village’s share)

Demographics

• Residential population - 7,500
• Estimated daytime population (excl. residents), generated by 300+ businesses/schools - 25,000
• Median age - 52
• Median household income - $112,699
• Median disposable income - $86,958
• Median household net worth - $500,001
• Population with Bachelor’s degree or higher - 70%
• “Tapestry” population segments - Top Rung & Connoisseurs (Source: Esri)

Traffic Counts

• Rte 22 (east of Rte 21) - 31,000 vehicles
• Rte 21 (south of Rte 22) - 34,000 vehicles

Major Employers

Housing & Lodging

• 2018 Average Single-Family home sale - $466,000
• 2018 Average Townhome sale - $516,000
• 2018 Average Condominium sale - $356,000
• Owner-occupied housing units - 89%
• Six hotels located in the Village, offering 1,050 rooms

 Education

• District 125 (Adlai E. Stevenson High School)
• District 103 (Laura B. Sprague Elementary School, Half Day Elementary School, Daniel Wright JHS)
• Proximity to College of Lake County (Southlake Campus)

Planning & Development Staff Contact:
Tonya Zozulya, Planning & Development Manager