Bannockburn, IL Demographics

The total population of Bannockburn is estimated to be 1,065 with 567 males (53.24%) and 498 females (46.76%). There are 69 less females than males in Bannockburn.

The median household income in Bannockburn was $159,435 in 2021, which marked an an increase of 28,180(21.47%) from $131,255 in 2020. This income is 213.70% 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, Bannockburn sees its highest median household income among householders in the age group of 45 to 64 years old, at $270,229. Overall, the median household income for the village of Bannockburn stands at $159,435.

In Bannockburn, while the Census reported a median income of $19,367 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.

In Bannockburn, there are just two different racial groups among households. Among these, Asian households report a median household income of $270,229, while White households have a median household income of $163,488.

In 2022, the population of Bannockburn was 1,011, a 0.39% decrease year-by-year from 2021. Previously, in 2021, Bannockburn's population was 1,015, an increase of 0.10% compared to a population of 1,014 in 2020.

The median age in Bannockburn, IL is 23.7, as per 2021 ACS 5-Year Estimates. Of the total population, 8.44% were under the age of 15, 52.55% aged 15 to 29, 24.49% aged 30 to 64, 14.14% aged 65 to 84, and 0.38% were 85 years of age and older.

Racial distribution of Bannockburn population: 70.72% are White, 12.62% are Black or African American, 9.51% are Asian, 1.22% are Native Hawaiian and other Pacific Islander, 2.81% are some other race and 3.12% are multiracial.