Long Grove’s Wealth
Friday, August 15th, 2008Long Grove is one of the wealthiest suburbs in the Chicago metropolitan area. Long Grove’s residents are an educated population who earn above average money. The median household income in Long Grove is $148,150, and the median family income is $153,992.
The income per capita income is $62,185. Less than 3% of the population and less than 2% of families are below the poverty line. The affluence of Long Grove’s residents is reflected in the villages amazing expensive homes. It is not uncommon to see million dollar homes throughout the town.
The median price for a home was $761,500 in 2005 and has probably risen since then. The most common occupation for a male is CEO or top executive. The most common occupation for a female is sales executive or supervisor. The most common industry for a male is in science and technology. The most common industry for a female is in education services.
Some of Long Grove’s wealth has been passed down for generation but the rest can be attributed to well-educated citizens. One-fourth of Long Grove’s residents over 25 have graduate or professional degrees. Find a home in this affluent and well-educated suburb at Real Estate in Long Grove
