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CITY · 2020 ACS

Knollwood

Illinois · 2,121 residents · 0.605 sq mi
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The short version

Knollwood is significantly wealthier than the US average, with a median household income of $126,250. Population has grown 27% since 2019. 49% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $319,600. Poverty is rare here, at 3.0% of residents. Households here earn about 85% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 40.9
US median: 38.8
More educated
49% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,121
+27%since 2019
from 1,665 in 2019
2010 – 2024
Population density
3,506 / sq mi
+27%since 2019
from 2,752 / sq mi in 2019
US average: 280
Median age
40.9
+7%since 2019
from 38.3 in 2019
US average: 38.8
Population, 2010 – 2024
1K2K2K2K2K201020202024Knollwood
20242K
201020202024
Section 02

Income & economy

Median household income
$126,250
+20%inflation adjusted, since 2019
from $103,750 in 2019
US average: $66,278
2010 – 2024
Per capita income
$39,902
−8%since 2019
from $43,512 in 2019
US average: $35,364
Households earning $100K+
68.0%
+2.8 ptssince 2019
from 65.2% in 2019
US average: 43.9%
Poverty rate
3.0%
+0.1 ptssince 2019
from 2.9% in 2019
US average: 12.8%
Workforce by industry, 2020
Information15.5%
US avg: 11.1%
Retail trade9.6%
US avg: 10%
Transportation & warehousing7.9%
US avg: 2.5%
Other services4.8%
US avg: 6.6%
Wholesale trade3.6%
US avg: 6.7%
Arts, entertainment, food1.5%
US avg: 2%
Public administration1.3%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$319,600
−3%inflation adjusted, since 2019
from $324,100 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,741
+11%inflation adjusted, since 2019
from $1,545 in 2019
US average: $1,124
Owner-occupied
64.3%
+4.5 ptssince 2019
from 59.8% in 2019
35.7% rent
Afford Score
2.5
−19%since 2019
from 3.1 in 2019
2010 – 2024
RELATED:See current rent listings in Knollwood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic70.7%(1,177)
Black0.5%(8)
Hispanic / Latino25%(417)
Asian0.4%(6)
Other3.4%(57)
Diversity Score54.5%(908)
2020
White, non-Hispanic63.1%(1,339)
Black4.1%(87)
Hispanic / Latino24.3%(516)
Asian5.1%(109)
Other1.1%(24)
Diversity Score64.6%(1,371)
Diversity Score
65
+18%since 2019
from 55 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
49.0%
+11.3 ptssince 2019
from 37.7% in 2019
US average: 32.9%
High school or higher
97.8%
+0.2 ptssince 2019
from 97.6% in 2019
US average: 88.5%
Graduate degree
18.5%
+1.7 ptssince 2019
from 16.8% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.7 min
Unchangedsince 2019
from 23.6 min in 2019
US average: 26.9
Drive alone to work
82.1%
−2.3 ptssince 2019
from 84.4% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.6%
−0.2 ptssince 2019
from 5.8% in 2019
US average: 5.4%
Labor force participation
53.0%
−11.9 ptssince 2019
from 64.9% in 2019
US average: 63.4%
Management & professional
58.9%
+2.5 ptssince 2019
from 56.4% in 2019
US average: 39.3%
Section 08

People & community

Male
42.0%
−3.2 ptssince 2019
from 45.2% in 2019
Female
58.0%
+3.2 ptssince 2019
from 54.8% in 2019
Foreign born
5.5%
−2.8 ptssince 2019
from 8.3% in 2019
US average: 13.5%
Uninsured
2.1%
−1.5 ptssince 2019
from 3.6% in 2019
US average: 8.8%
Drill deeper

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Compare Knollwood to nearby cities

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Income$60,172−52%
Home value$159,600−50%
Population34,050+1727%
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KNOLLWOOD VS
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KNOLLWOOD VS
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Income$165,667+31%
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KNOLLWOOD VS
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Income$121,943−3%
Home value$412,300+29%
Population26,825+1339%
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Frequently asked

How many people live in Knollwood, Illinois?

Knollwood, Illinois has about 2,121 residents according to the 2020 American Community Survey.

What is the median household income in Knollwood, Illinois?

The typical household in Knollwood, Illinois earns about $126,250 a year. Half of households make more than that, and half make less.

Is Knollwood, Illinois expensive?

In Knollwood, Illinois, the median home is worth about $319,600, and the typical rent is about $1,741 a month.

How educated are people in Knollwood, Illinois?

About 49.0% of adults age 25 and over in Knollwood, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Knollwood, Illinois?

About 3.0% of people in Knollwood, Illinois live below the federal poverty line.

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

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