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South Barrington

Learn about the people, housing, costs and businesses in South Barrington, Illinois

Median Home$868,232
Median Rent$2,767/month
Population5,191
Leading IndustriesArts, Food & Hospitality · Healthcare · Education17% arts, food & hospitality
Home Value Growth⬆⬆+17.6% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$228k/year · top 1% nationally
NotableAmenity Score82/100 · highly walkable area
South Barrington
IL

Frequently Asked Questions

What are today's mortgage rates in South Barrington?

As of today, the 30-year fixed mortgage rate for South Barrington is approximately 6.576% (6.579% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Barrington?

The median home value in South Barrington is $868k. The median monthly rent is $2,767. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Barrington?

Home values in South Barrington have increased 17.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Barrington?

Based on a typical all-in ownership cost of $3,362/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $144k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Barrington is $228k/year.

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What industries drive the economy in South Barrington?

The largest employment sectors in South Barrington are public administration (29%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.