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Last Updated: 08/12/2022


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All About

Living In Lincolnshire, IL

Lincolnshire is a small town in Illinois with just over 7,000 residents. Retirees can expect to feel right at home, as they make up 27% of the population compared to 14% nationally, while young adults are less well-represented. Overall, the town's residents, at an average age of just under 46, are notably older than most cities in Illinois. Most residents own their homes in Lincolnshire, and 19% of residents rent. Relatively high rent costs may play a role, as the average rent of $2,043 per month is substantially higher than the state average of $1,052.

Many Lincolnshire residents work in one of three industries: retail, manufacturing, and scientific. Together, these industries account for 21% of the town's workforce. Meanwhile, looking at job function, many of the town's residents work in management, which ranks as the top field in the town. With an average annual income of about $130,000, Lincolnshire workers bring in about $53,000 more than their peers elsewhere in the state. The town's average income also compares favorably to the national average ($73,345). Lincolnshire has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 21% have earned a Master's degree or a Doctorate. In addition, 25% have earned a Bachelor's degree, which also outpaces the national average.

With an average commute time of about 34 minutes, longer than most cities in the state, Lincolnshire residents find that traveling to work takes some patience. Many residents (35%) drive their car or truck to work, while public transportation is used by just 3% of the population. Not many workers commute on foot.

Frequently Asked Questions About Lincolnshire

What is the average rent in Lincolnshire?

The average rent of a studio apartment in Lincolnshire is $1,820 per month. For a one-bedroom apartment it's $2,250 per month. For a two-bedroom apartment the average rent is $3,737 per month.

What is the average cost of rent for a one-bedroom in Lincolnshire?

The average rent of a one-bedroom apartment in Lincolnshire is $2,250

Are there any cheap apartments for rent in Lincolnshire?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Lincolnshire?

Apply Apartment Guide's pet friendly filter to see only Lincolnshire apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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