Median Income
$157,396
household / year
Median Home Value
$350,000
owner-occupied
Median Rent
$1,750
gross / month
Cost of Living
103
national avg = 100

Is Knollwood, IL a Good Place to Live?

Knollwood is a small town of 1,763 in Illinois, with a median household income of $157,396 . Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Knollwood stands out for a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Knollwood is right for you depends on your priorities — the full breakdown is below.

All Knollwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Knollwood's overall cost of living index is 102.6, where 100 represents the US national average. Living in Knollwood costs roughly 3% more than the average American city.

Metric Knollwood, IL National Avg
Median Home Value $350,000 $244,900
Median Monthly Rent $1,750 $1,163
Homeownership Rate 71.1% 65.9%
Median Household Income $157,396 $74,755

Crime & Safety

Very Safe

Knollwood's violent crime rate is 116.6 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.

Violent Crime
116.6 /100k
Property Crime
769.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Knollwood, IL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 50.5% 35.4%
High School Diploma or Higher 95.1% 91.1%

Weather & Climate

Knollwood sees average highs of 29.8°F in January and 81.7°F in July, with 38.6 inches of annual precipitation and 43.1 inches of snow per year.

MetricKnollwood, IL
Average High — January29.8°F
Average High — July81.7°F
Annual Precipitation38.6"
Annual Snowfall43.1"

Demographics

MetricKnollwood, ILNational Avg
Population1,763—
Median Age38.738.9
Unemployment Rate0.0%3.7%
Avg Commute Time23.3 min26 min
White (non-Hispanic)85.4%59.3%
Black or African American4.5%13.6%
Hispanic or Latino8.3%18.9%
Asian1.0%6.3%
Under 1834.4%22.2%
65 and over20.1%16.8%

Nearby Cities

Lake Bluff, IL 1 mi Green Oaks, IL 2 mi North Chicago, IL 2 mi Mettawa, IL 4 mi Lake Forest, IL 4 mi

Knollwood vs Other Cities

Knollwood, IL vs Lake Bluff, IL Knollwood, IL vs Green Oaks, IL Knollwood, IL vs North Chicago, IL Knollwood, IL vs Mettawa, IL Knollwood, IL vs Lake Forest, IL

Frequently Asked Questions

Knollwood's cost of living index is 103, where 100 is the national average. That puts Knollwood roughly 3% above the national average in cost. The median home price is $350,000 and median rent is $1,750/month.
Knollwood's violent crime rate is 116.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 769.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Knollwood, IL has a population of 1,763, a median household income of $157,396, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Knollwood averages 29.8°F in January and 81.7°F in July. Annual rainfall is 38.6 inches with about 43.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Knollwood, Illinois is 1,763 with a median age of 38.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Knollwood: cost of living index 103 (100 = US average), median home $350,000, median household income $157,396, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Knollwood side by side with your current city to see the trade-offs.