Neighborhood Spotlight: Lake Bluff, IL


Overview:
The Village of Lake Bluff sits on the beautiful shores of Lake Michigan, 35 miles north of Chicago. Lake Bluff epitomizes the North Shore lifestyle of the Chicagoland suburbs. Residents have an average income of $147,072 (according to information from Nielsen) and enjoy a phenomenal education system.

Employment:
Many of the world’s largest pharma companies operate in the North Shore – a few even in Lake Bluff. Abbott Park, home to Abbott and AbbVie, sits on Waukegan Road. The two companies employ 75,000 people globally and 14,803 locally. Abbott and AbbVie were ranked #111 and #135, respectively, on the 2017 Forbes Fortune 500 list. Abbott Laboratories had a market cap of more than $75 billion as of May 2017 and 75,000 employees. The facility offers numerous services, such as banking, a library, daycare and a credit union.

Additionally, the Naval Station of the Great Lakes is in Lake Bluff. The station is the only United States boot camp that is Navy-specific. The station opened in 1911 and approximately 40,000 recruits pass through the base annually. There are an estimated 7,000 recruits enrolled at all times. This facility attracts numerous renters to the area.

Connectivity:
Lake Bluff has a Metra station operating along the Union Pacific North Line, which means trips into Chicago take only 60 minutes. The city is adjacent to I-94, so driving throughout the suburbs and into Chicago and Milwaukee is a breeze.

Demographics:
According to 2017 information from Nielsen, the total population of Lake Bluff is 21,476 people; 55 percent are men and 45 percent are women. The average household income is $147,072, and 39 percent of residents are employed. Thirty percent of the community is in the armed forces, so civilian unemployment is only 2 percent.

Education:
Lake Bluff is also a wonderful village for families. The village’s school district 65 comprises two schools, Lake Bluff Elementary and Lake Bluff Middle School. The middle school then feeds into neighboring Lake Forest High School, which is 12 minutes from Deer Valley. The high school is known for its great academics with an average class size of 19.3 students and mean ACT score of 26.5.

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Lake Bluff Analysis