City

Buffalo Grove, IL

1 ZIP code  ·  Lake County  ·  Illinois

👥42,781Population
💰$129,932Median HH Income▲ 70% above avg
🎂42.1Median Age
🏠$393,000Median Home Value▲ 41% above avg
🎓73.7%College Grads▲ 90% above avg
📊2.5%Unemployment▼ 49% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.2% Female 52.8% ♀

Race & Ethnicity

White: 58.6%Hispanic: 6.3%Black: 3.8%Asian: 28.2%Other: 2.6%Race
White58.6%
Hispanic6.3%
Black3.8%
Asian28.2%
Other2.6%

Age Breakdown

Under 5
6%
5–17
19%
18–24
7%
25–44
24%
45–64
29%
65+
7%

Key Indicators

Median Age42.1 yrs
Avg HH Size2.65
Below Poverty6.5% ▼ 35% below avg
College Grads73.7% ▲ 90% above avg
Unemployment2.5% ▼ 49% below avg
No HS Diploma254 (0.9%)
HS Graduate3,037 (10.9%)
Some College1,478 (5.3%)
Associates2,562 (9.2%)
Bachelors2,054 (7.4%)
Graduate Degree18,528 (66.4%)

Education

No HS: 0.9%HS Grad: 10.9%Some College: 5.3%Associates: 9.2%Bachelors: 7.4%Graduate: 66.4%Edu
No HS0.9%
HS Grad10.9%
Some College5.3%
Associates9.2%
Bachelors7.4%
Graduate66.4%
Housing & Income

Housing Tenure

Owner: 81.5%Renter: 18.5%Tenure
Owner81.5%
Renter18.5%

Home Value Distribution

Under $50k
1%
$50k–$100k
1%
$100k–$150k
6%
$150k–$200k
7%
$200k–$300k
15%
$300k–$500k
46%
Over $500k
25%

Financials

Median HH Income$129,932 ▲ 70% above avg
Median Home Value$393,000 ▲ 41% above avg
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$2,042/mo
Total Housing Units16,551
Vacant Units499

Income Distribution

Under $25k
9%
$25k–$50k
6%
$50k–$75k
11%
$75k–$100k
10%
$100k–$150k
23%
$150k–$200k
16%
Over $200k
25%
Employment & Commute

How People Get to Work

Drove Alone
66%
Public Transit
3%
Walked
1%
Work From Home
30%

Commute Time

Under 15 min
20%
15–30 min
38%
30–45 min
27%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
9%
1960s–1970s
30%
1980s–1990s
10%
2000+
51%
About Buffalo Grove, IL

Buffalo Grove is a city in Illinois, located in Lake County. The city spans 1 ZIP code and is home to approximately 42,781 residents. It is a middle-aged city, with a median age of 42.1 years.

Economically, Buffalo Grove is a upper-middle-income community. The median household income of $129,932 is significantly above the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.

The real estate market in Buffalo Grove is a mid-range housing market. Median home values stand at $393,000, which is above the national average. Renters typically pay around $2,042 per month. Homeownership is high at 81.5%, typical of suburban and family-oriented communities.

The population of Buffalo Grove is highly educated. 73.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (58.56%).

Buffalo Grove, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Buffalo Grove
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
60089 42,781 $129,932 $393,000 $2,042 2.5% 73.7% 81.5%