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The total population of Libertyville is estimated to be 20,555 with 9,692 males (47.15%) and 10,863 females (52.85%). There are 1,171 more females than males in Libertyville.
The median household income in Libertyville was $166,108 in 2021, which marked an a decrease of 4,520(2.65%) from $170,628 in 2020. This income is 222.65% 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, Libertyville sees its highest median household income among householders in the age group of 45 to 64 years old, at $235,068. Overall, the median household income for the village of Libertyville stands at $166,108.
In Libertyville, the median income for all workers aged 15 years and older, regardless of work hours, was $108,471 for males and $42,166 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $153,817 for males and $100,009 for females.
In Libertyville, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $243,430, while Two or More Races households represent the opposite end with the lowest median household income of $129,034.
In 2022, the population of Libertyville was 20,402, a 0.58% decrease year-by-year from 2021. Previously, in 2021, Libertyville's population was 20,521, a decline of 0.19% compared to a population of 20,561 in 2020.
The median age in Libertyville, IL is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 20.96% were under the age of 15, 16.50% aged 15 to 29, 45.94% aged 30 to 64, 14.12% aged 65 to 84, and 2.48% were 85 years of age and older.
Racial distribution of Libertyville population: 85.92% are White, 1.18% are Black or African American, 0.29% are American Indian and Alaska Native, 6.54% are Asian, 1.43% are some other race and 4.64% are multiracial.