Living in Lake Barrington Village, Illinois, provides residents with a tranquil suburban lifestyle characterized by a close-knit community, excellent schools, and access to nature, albeit with some challenges in public transport and higher property taxes relative to nearby regions.
Pros and Cons of Living in Lake Barrington Village, IL
Lake Barrington offers a blend of tranquility and community. Among the notable advantages are its low crime rates, reported at 1.2 incidents per 1,000 residents, and a reputation for strong educational institutions. The village is surrounded by natural beauty, with parks and lakes contributing to a serene environment. However, there are downsides, including limited public transportation options, which can be inconvenient for those commuting to work or other destinations. Additionally, property taxes in Lake Barrington tend to be higher than those in nearby areas, which can be a consideration for potential residents.
Quality of Life and Cost of Living in Lake Barrington
The cost of living in Lake Barrington is approximately 30% higher than the national average, primarily driven by housing costs, which average around $500,000. Despite the elevated costs, residents enjoy a high quality of life marked by a low unemployment rate of 2.9%, indicating a stable local economy. The community’s emphasis on family-friendly activities and outdoor recreation enhances its appeal, making it a desirable location for those seeking a suburban lifestyle without sacrificing access to modern amenities.
History of Lake Barrington Village, IL
Established in the 1920s, Lake Barrington began as a vacation getaway for Chicagoans seeking respite in a natural setting. The village was officially incorporated in 1973 and has evolved into a residential community with a population of approximately 4,500. Its historical roots are reflected in the charm of its neighborhoods and the preservation of local natural resources, appealing to both long-term residents and newcomers who appreciate its rich history.
Education and Employment Opportunities in Lake Barrington
Lake Barrington falls under the Barrington Community Unit School District, which is known for its consistently above-average academic performance. The village offers a mix of employment opportunities, primarily in healthcare, education, and retail sectors. While local job options are available, residents often commute to larger employment centers in nearby cities, including Chicago, which is about 37 miles away and offers extensive career opportunities across various industries.
Recreation and Attractions in Lake Barrington
Residents of Lake Barrington enjoy a range of recreational activities, with numerous parks and nature preserves available for outdoor enthusiasts. The Barrington Area Library, boasting over 150,000 volumes, serves as a community hub for learning and cultural events. The private Lake Barrington Shores community adds to the village’s allure, providing amenities such as golf, tennis, and boating activities on the scenic lakes, enhancing the overall quality of life for residents.
Real Estate and Transportation in Lake Barrington
Real estate in Lake Barrington primarily consists of single-family homes, with prices varying from approximately $300,000 to over $1 million, catering to a wide range of buyers. While public transportation options are limited, the village is well-connected via major highways, making it convenient for residents to travel to nearby cities and suburban areas. This accessibility is crucial for those commuting for work or seeking entertainment and shopping options outside the village.
In conclusion, Lake Barrington Village, Illinois, presents a compelling lifestyle choice for those seeking a serene suburban environment with a strong sense of community, quality education, and abundant recreational opportunities. While the cost of living and limited public transport may pose challenges, the advantages of living in this picturesque village make it a desirable place to call home.