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CITY · 2020 ACS

Bannockburn

Illinois · 1,013 residents · 2.028 sq mi
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The short version

Bannockburn is significantly wealthier than the US average, with a median household income of $115,833. Population has fallen 29% since 2000, a loss of 416 residents. 83% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $983,700. At a median age of 32.3, residents skew younger than the country as a whole. Households here earn about 69% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 32.3
US median: 38.8
More educated
83% hold a bachelor's degree
US average: 33%
More affordable
home values down 28%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,013
−29%since 2000
from 1,429 in 2000
1990 – 2025
Population density
500 / sq mi
−29%since 2000
from 705 / sq mi in 2000
US average: 280
Median age
32.3
+49%since 2000
from 21.7 in 2000
US average: 38.8
Population, 1990 – 2024
9561K1K1K2K1990201020202024Bannockburn
20241K
1990201020202024
Section 02

Income & economy

Median household income
$115,833
−49%inflation adjusted, since 2000
from $150,415 in 2000
US average: $66,278
1990 – 2024
Per capita income
$54,026
+37%since 2000
from $39,303 in 2000
US average: $35,364
Households earning $100K+
66.8%
−15.5 ptssince 2009
from 82.3% in 2009
US average: 43.9%
Poverty rate
1.0%
−2.0 ptssince 2000
from 3.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Information13.3%
US avg: 11.1%
Other services4.8%
US avg: 6.6%
Wholesale trade3.2%
US avg: 6.7%
Public administration3%
US avg: 4.7%
Retail trade2.9%
US avg: 10%
Transportation & warehousing1.8%
US avg: 2.5%
Arts, entertainment, food0.9%
US avg: 2%
Finance & insurance0.5%
US avg: 5.5%
Professional, scientific, technical0.5%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$983,700
−28%inflation adjusted, since 2000
from $907,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,030
Unchangedinflation adjusted, since 2000
from $684 in 2000
US average: $1,124
Owner-occupied
68.6%
−13.0 ptssince 2000
from 81.6% in 2000
31.4% rent
Afford Score
8.5
+41%since 2000
from 6.0 in 2000
1990 – 2024
RELATED:See current rent listings in Bannockburn on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86%(1,229)
Black3.3%(47)
Hispanic / Latino3.5%(50)
Asian5%(72)
Other0%
Diversity Score27.8%(397)
2020
White, non-Hispanic65.8%(667)
Black8.1%(82)
Hispanic / Latino4.4%(45)
Asian16.6%(168)
Other1.5%(15)
Diversity Score61.9%(627)
Diversity Score
62
+123%since 2000
from 28 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
83.2%
+6.3 ptssince 2000
from 76.9% in 2000
US average: 32.9%
High school or higher
99.6%
+1.8 ptssince 2000
from 97.8% in 2000
US average: 88.5%
Graduate degree
49.6%
+19.2 ptssince 2000
from 30.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.3 min
+59%since 2000
from 14.0 min in 2000
US average: 26.9
Drive alone to work
58.9%
−0.3 ptssince 2009
from 59.2% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.9%
+0.9 ptssince 2011
from 4.0% in 2011
US average: 5.4%
Labor force participation
55.0%
+3.6 ptssince 2011
from 51.4% in 2011
US average: 63.4%
Management & professional
53.8%
−12.0 ptssince 2009
from 65.8% in 2009
US average: 39.3%
Section 08

People & community

Male
54.5%
+0.3 ptssince 2009
from 54.2% in 2009
Female
45.5%
−0.3 ptssince 2009
from 45.8% in 2009
Foreign born
22.0%
+14.2 ptssince 2009
from 7.8% in 2009
US average: 13.5%
Uninsured
3.8%
−91.1 ptssince 2013
from 94.9% in 2013
US average: 8.8%
Drill deeper

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Compare Bannockburn to nearby cities

BANNOCKBURN VS
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Income$181,660+57%
Home value$623,400−37%
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SEE FULL COMPARISON →
BANNOCKBURN VS
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Income$235,081+103%
Home value$938,300−5%
Population19,731+1408%
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BANNOCKBURN VS
Highland Park
Income$168,094+45%
Home value$607,300−38%
Population30,767+2252%
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BANNOCKBURN VS
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Income$157,782+36%
Home value$652,300−34%
Population34,744+2556%
SEE FULL COMPARISON →
Frequently asked

How many people live in Bannockburn, Illinois?

Bannockburn, Illinois has about 1,013 residents according to the 2020 American Community Survey.

What is the median household income in Bannockburn, Illinois?

The typical household in Bannockburn, Illinois earns about $115,833 a year. Half of households make more than that, and half make less.

Is Bannockburn, Illinois expensive?

In Bannockburn, Illinois, the median home is worth about $983,700, and the typical rent is about $1,030 a month.

How educated are people in Bannockburn, Illinois?

About 83.2% of adults age 25 and over in Bannockburn, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Bannockburn, Illinois?

About 1.0% of people in Bannockburn, Illinois live below the federal poverty line.

Has Bannockburn, Illinois grown since 1990?

Yes, Bannockburn, Illinois has shrunk since 1990. The population has lost about 375 residents, a change of about -27 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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