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Deerfield, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Deerfield, Illinois had a total population of 19,518, the 125th largest village in Illinois, with a median household income of $181,660, which is 118% higher than the state average. The poverty rate is 2.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Deerfield Quick Facts

Population 19,518
Median Household Income $181,660
Median Home Value $623,400
Poverty Rate 2.8%
Unemployment Rate 2.7%
Median Age 44.5 years
Homeownership Rate 82.5%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 82.1%
High School Graduation Rate 98.7%
Diversity Index 25/100
Population 19,518 125th of 1,445
Median Income $181,660 top 10%
Poverty Rate 2.8% 77% lower than national
Median Home Value $623,400 top 10%

How Deerfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population19,18519,518+1.7%
Median household income$189,705$181,660-4.2%
Median home value$608,600$623,400+2.4%

How Deerfield Compares

Economy & Housing

Household Income Distribution

Under $25K 6.1%
$25K-$50K 5.9%
$50K-$100K 14.1%
$100K+ 73.9%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
1.4%
$15K-$20K
1.3%
$20K-$25K
1.2%
$25K-$30K
1.1%
$30K-$35K
1.5%
$35K-$40K
1.3%
$40K-$45K
1.0%
$45K-$50K
1.0%
$50K-$60K
3.2%
$60K-$75K
4.0%
$75K-$100K
6.9%
$100K-$125K
9.2%
$125K-$150K
8.1%
$150K-$200K
10.2%
$200K+
46.5%

Employment

2.7% Unemployment Rate State: 5.8%|National: 5.2%
65.7% Labor Force Participation

Housing Overview

Owner 82.5%
Renter 17.5%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $2,482/mo 16.4% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Deerfield Rankings in Illinois

#125 Population of 1,445
#24 Median Income of 1,374
#9 Education of 1,444
#29 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Deerfield

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Libertyville20,525$165,667$512,00071.0%4.2%
Lake Forest19,416$235,081$938,30080.5%3.5%
Frankfort20,651$154,375$481,20059.3%3.2%
Lake Zurich19,832$135,968$435,30060.7%3.4%
Geneva21,258$144,341$441,40063.8%3.8%

Population Overview

Deerfield is a small city located in Illinois, within Cook County. The total population is 19,518. It ranks as the 125th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Deerfield is 44.5 years. This is 14% higher than the state median of 39.0 years. 10.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Deerfield is $181,660. This is 118% higher than the state median of $83,390. It is also 125% higher than the national median of $80,734. The poverty rate stands at 2.8%. This is 76% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.7%. This is 54% lower than the state rate of 5.8%. The median home value is $623,400. Housing costs are 137% higher than the state median of $263,300. The home-value-to-income ratio is 3.4x. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 67.1%.

Race & Ethnicity

Deerfield has a predominantly White (non-Hispanic) population, comprising 86.1% of all residents. Asian residents account for 5.7%. The Black or African American population (0.2%) is well below the state average of 13.3%. The Hispanic or Latino population (5.4%) is well below the state average of 18.8%.

Education

82.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Deerfield in the top 10% of all cities in the state for educational attainment. This is 117% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.7%. Notably, 41.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Deerfield, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Deerfield, Illinois?

Deerfield, Illinois has a population of 19,518 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Deerfield, IL?

The median household income in Deerfield is $181,660, which is 125% higher than the national median of $80,734.

What is the poverty rate in Deerfield, IL?

The poverty rate in Deerfield is 2.8%. This means approximately 552 residents live below the federal poverty line.

What is the racial makeup of Deerfield, Illinois?

Deerfield's population is 86.1% White, 0.2% Black, 5.4% Hispanic/Latino, and 5.7% Asian.

What is the median home value in Deerfield, IL?

The median home value in Deerfield is $623,400. The home-value-to-income ratio is 3.4x.

How educated is Deerfield, Illinois?

82.1% of adults (25+) in Deerfield hold a bachelor's degree or higher, and 41.3% hold a graduate or professional degree.