Lincolnshire, IL Demographics

The total population of Lincolnshire is estimated to be 7,907 with 3,864 males (48.87%) and 4,043 females (51.13%). There are 179 more females than males in Lincolnshire.
The median household income in Lincolnshire was $156,382 in 2021, which marked an an increase of 8,988(6.10%) from $147,394 in 2020. This income is 209.61% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lincolnshire sees its highest median household income among householders in the age group of 45 to 64 years old, at $253,161. Overall, the median household income for the village of Lincolnshire stands at $156,382.
In Lincolnshire, the median income for all workers aged 15 years and older, regardless of work hours, was $112,448 for males and $38,990 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $148,951 for males and $102,395 for females.
In Lincolnshire, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $216,970, followed by Asian households at $214,525, and White households with a median household income of $141,358.
In 2022, the population of Lincolnshire was 7,922, a 0.29% decrease year-by-year from 2021. Previously, in 2021, Lincolnshire's population was 7,945, an increase of 0.10% compared to a population of 7,937 in 2020.
The median age in Lincolnshire, IL is 51.0, as per 2021 ACS 5-Year Estimates. Of the total population, 14.28% were under the age of 15, 16.52% aged 15 to 29, 40.13% aged 30 to 64, 19.49% aged 65 to 84, and 9.58% were 85 years of age and older.
Racial distribution of Lincolnshire population: 76.37% are White, 0.72% are Black or African American, 0.09% are American Indian and Alaska Native, 20.83% are Asian, 0.48% are some other race and 1.51% are multiracial.