HomeIllinoisLake CountyLibertyville
Libertyville, Illinois: commercial real estate data.
Libertyville is a Census village of 20,525 people across 8.81 square miles of land, in Lake County. Median household income is $165,667, 80.3 percent of occupied homes are owned, and the SBA record carries 65 7(a) approvals to borrowers here worth $33.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Libertyville
What Libertyville is
- Census place typevillage
- Land area8.81 sq mi
- Water area0.35 sq mi
- Population per square mile of land2,330
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Libertyville
How many people live in Libertyville
- Population20,525
- Median age42.1
- Population under 185,168
- Share under 1825.2 percent
- Population 65 and over3,705
- Share 65 and over18.1 percent
- Households7,664
- Family households5,503
- Share of households that are families71.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Libertyville
Income and work in Libertyville
- Median household income$165,667
- Per capita income$82,024
- Civilian labor force10,346
- Employed10,048
- Unemployed298 plus or minus 161
- Unemployment rate2.9 percent plus or minus 1.6
- Adults 25 and over14,313
- Adults 25 and over with a high school diploma or higher97.5 percent
- Adults 25 and over with a bachelor degree or higher71.0 percent
- Adults 25 and over with a graduate degree30.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Libertyville
Housing in Libertyville
- Housing units7,925
- Occupied units7,664
- Vacant units261 plus or minus 133
- Vacancy rate3.3 percent plus or minus 1.7
- Owner occupied6,155
- Renter occupied1,509
- Ownership rate80.3 percent
- Median owner-occupied home value$512,000
- Median gross rent, monthly$1,637
- Annual rent as a share of median income11.9 percent
- Single family units6,128
- Share single family77.3 percent
- Units in buildings of two or more1,797
- Share in buildings of two or more22.7 percent
- Mobile homes0
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Libertyville
How Libertyville gets to work
- Workers 16 and over who commute7,089
- Commuting under 15 minutes1,907
- Share commuting under 15 minutes26.9 percent
- Commuting 30 minutes or more2,292
- Share commuting 30 minutes or more32.3 percent
- Drove alone61.2 percent
- Carpooled4.2 percent plus or minus 1.4
- Public transport2.6 percent plus or minus 1.5
- Walked1.9 percent plus or minus 0.8
- Worked from home28.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Libertyville
SBA loans in Libertyville (7(a))
- Approvals65
- Gross approval$33,530,200
- Average approval$515,849
- Median approval$250,000
- Ninetieth percentile approval$1,337,440
- Largest approval$4,626,000
- Jobs supported1,181
- Jobs per approval18.2
- Loans with a final outcome12
- Paid in full9
- Charged off3
- Median term120 months
- Share on real estate terms of 20 years or more12.3 percent
- Share to franchises26.2 percent
- Distinct lenders29
- Distinct industries by NAICS39
Counted by borrower city: approvals to borrowers whose address is in Libertyville, in any county, FY2020 to FY2026. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Libertyville
SBA loans in Libertyville (504)
- Approvals34
- Gross approval$30,185,000
- Average approval$887,794
- Median approval$560,000
- Largest approval$4,872,000
- Jobs supported305
- Loans with a final outcome9
- Charged off0
- Median term240 months
- Distinct CDCs6
Counted by borrower city: approvals to borrowers whose address is in Libertyville, in any county, FY2010 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Libertyville
Flood risk in Libertyville
- NFIP communityVillage of Libertyville
- NFIP community number170377
- Participating in the NFIPYes
- Community Rating System classClass 6
- Currently effective map date10/05/23
The Village of Libertyville participates in the National Flood Insurance Program as community 170377 and carries Community Rating System class 6, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Libertyville
Lake County context, not Libertyville figures
- Establishments in Lake County20,076
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Housing units permitted, Lake County1,042
Every figure in this section is published for Lake County as a whole and is not a measurement of Libertyville.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Libertyville questions, answered from the record.
How many people live in Libertyville, Illinois?
20,525, in 7,664 households. Libertyville village covers 8.81 square miles of land, which is 2,330 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Libertyville in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Libertyville?
$165,667. The median owner-occupied home is valued at $512,000. Median gross rent is $1,637 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Libertyville businesses?
65 7(a) approvals totaling $33.5 m since FY2020, across 29 lenders, median approval $250,000, plus 34 504 approvals worth $30.2 m since FY2010. These count approvals to borrowers whose address is in Libertyville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Libertyville borrowers get paid back?
No rate is published for Libertyville. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Libertyville in the National Flood Insurance Program?
Yes. Libertyville appears in the FEMA Community Status Book as Libertyville, village of, community 170377, carrying Community Rating System class 6, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Libertyville figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Libertyville.
Is zoning published for Libertyville?
No. Nothing on this page presents parcel level zoning.