Everything You Should Know Before Moving to Knollwood, IL
Considering a move to Knollwood, IL? This close-knit community of about 2,000 residents features a median home price of $355,000 and average rents around $1,630, offering a comfortable suburban lifestyle with affordable living costs. Residents benefit from low crime rates (violent crime just 105 per 100K), quick 27-minute average commutes, and access to strong public schools and nearby healthcare. With four distinct seasons and 54% sunny days, Knollwood is a friendly, family-oriented suburb in Lake County.
Demographics - Knollwood, IL
Demographics - Knollwood, IL
Knollwood is a small, close-knit community of about 2,000 residents, with a median age of just over 41, offering a balanced mix of families and professionals. The neighborhood is predominantly White, but also includes Black, Asian, and other backgrounds, and around 13% of residents speak a language other than English at home. The population density and gender distribution help create a friendly, accessible suburban environment.
Population:
2,000
Density:
2,600 per sq mi
Median Age:
41.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
13.0%
Ethnic Composition
White:
78.0%
Black:
6.0%
Asian:
2.5%
Others:
13.5%
Cost Of Living
What is the average cost of living in Knollwood, IL?
The cost of living in Knollwood is slightly above the national average, with a cost of living index of 112.5 and a median home value of $355,000. Renters can expect average monthly rents around $1,630, and other everyday expenses like groceries and utilities are moderately priced. State income taxes are a flat 4.95%, making budgeting more predictable for residents.
Median House Value:
$355,000
Gross Rent:
$1,630
Monthly Electricity Charges:
$110
Auto Insurance:
$1,450
House Owner Cost With Mortgage:
$2,000
House Owner Cost Without Mortgage:
$680
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
112.5
Grocery:
108.0
Housing:
117.0
Utilities:
103.5
Transportation:
110.0
Health Care:
106.0
Miscellaneous:
104.0
Crime
Is Knollwood, IL a safe place to live?
Knollwood boasts a low crime rate for its size, with violent crimes at just 105 per 100,000 residents and a property crime rate of 1,080 per 100,000. The chance of experiencing violent crime is roughly 1 in 950, offering residents a sense of safety and peace of mind. This makes the suburb appealing for families and individuals seeking a secure living environment.
Violent Crimes Per 100k:
105
Property Crimes Per 100k:
1,080
Crime Index:
1,185
Chance Of Violent Crime:
1 in 950
Chance Of Property Crime:
1 in 93
Weather
What is the weather like in Knollwood, IL year-round?
Knollwood experiences all four seasons, with cold winters dipping to 16°F, warm summers reaching up to 83°F, and comfortable spring and fall temperatures. The area receives about 36.5 inches of rainfall annually and enjoys 54% sunny days, giving residents a balanced climate for outdoor activities. Seasonal changes create a picturesque setting throughout the year.
Winter
Min:
16°F
Max:
32°F
Spring
Min:
40°F
Max:
64°F
Summer
Min:
62°F
Max:
83°F
Fall
Min:
44°F
Max:
66°F
Average Rainfall Inches:
36.5 inches
Sunny Days Percentage:
54%
Neighbors
Residents of Knollwood enjoy a strong sense of community, reflected by a median household income of $101,200 and a low poverty rate of 4.7%. The area boasts high educational attainment, with nearly 94% having at least a high school diploma and 47.5% holding a bachelor’s degree or higher. Most neighbors own their homes, commute about 27 minutes to work, and benefit from a low unemployment rate.
Median Income:
$49,000
Household Income:
$101,200
Family Income:
$112,500
Per Capita Income:
$44,800
Income Male:
$55,300
Income Female:
$48,200
Poverty Rate:
4.7%
Non English Speakers:
13.0%
Rent:
$1,630
Unemployment Rate:
4.0%
Public Transport Usage:
4.2%
Commute Time:
27.2 minutes
Education
High School or Higher:
93.9%
Bachelors or More:
47.5%
Education
How are the schools in Knollwood, IL?
Knollwood families benefit from well-regarded public schools such as Lake Bluff Elementary and Middle School, both known for favorable student-to-teacher ratios. Private education options and higher learning institutions like Lake Forest College and College of Lake County are easily accessible, providing a range of academic opportunities. The community’s strong educational environment appeals to families prioritizing quality schooling.
Public Schools
Name:
Lake Bluff Elementary School
Street:
350 W Washington Ave
Phone:
847-234-9405
Students:
400
Student Teacher Ratio:
13.5
Name:
Lake Bluff Middle School
Street:
31 E Sheridan Pl
Phone:
847-234-9407
Students:
350
Student Teacher Ratio:
12.7
Private Schools
Name:
Forest Bluff School
Street:
8 W Scranton Ave
Phone:
847-295-8338
Students:
180
Colleges
Name:
Lake Forest College
City:
Lake Forest
State:
IL
Distance:
3 miles
Students:
1,650
Name:
College of Lake County
City:
Grayslake
State:
IL
Distance:
10 miles
Students:
14,000
Healthcare
Knollwood residents have convenient access to top medical facilities, including Northwestern Lake Forest Hospital and Advocate Condell Medical Center, both offering emergency services. The area is well-served with 2.6 physicians per 1,000 people and 94.1% of residents have health insurance. Healthcare is accessible and comprehensive, supporting the well-being of families and individuals alike.
Major Hospitals
Name:
Northwestern Lake Forest Hospital
Address:
1000 N Westmoreland Rd, Lake Forest, IL 60045
Phone:
(847) 234-5600
Type:
General & Surgical
Emergency Services:
Yes
Name:
Advocate Condell Medical Center
Address:
801 S Milwaukee Ave, Libertyville, IL 60048
Phone:
(847) 362-2900
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
94.1%
Health Care Index:
78.2
Housing Market
What is the housing market like in Knollwood, IL?
Knollwood’s housing market is robust, with a median home price of $355,000 and 65% of residents owning their homes. Average rent for a two-bedroom apartment is about $1,630, and the area has seen home values appreciate by 4.1% in the past year. Low foreclosure and vacancy rates signal a stable and attractive market for both buyers and renters.
Median Home Price:
$355,000
Average Rent For 2 Bedroom:
$1,630
Owner Occupied Rate:
65.0%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
1.1%
Foreclosure Rate:
0.6%
DMV Information
Residents can access DMV services at the Illinois Secretary of State Driver Services Facility in nearby Vernon Hills, simplifying license and vehicle registration needs. The facility is conveniently located and serves all standard DMV functions for Knollwood locals. More information and online services are available through the official Illinois Secretary of State website.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
650 North Milwaukee Ave, Vernon Hills, IL 60061
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.