Lake Barrington, IL's Data
About Lake Barrington, IL's
Lake Barrington, an affluent village in Lake County, Illinois, is known for its scenic landscapes and residential appeal. Established in 1962, the village is part of the Chicago metropolitan area, offering a blend of rural charm and suburban convenience. Nestled around natural features such as forests, lakes, and wetlands, Lake Barrington provides a peaceful living environment while being close to the urban amenities of Chicago.
City: Lake Barrington
State: Illinois
Country: United States
Population: 4,973
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Lake Barrington, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Barrington, IL
Lake Barrington Shores Golf Club - A premier golfing destination offering lush greens and a challenging course.
Citizens Park - A popular spot for outdoor activities, featuring walking trails, picnic areas, and sports facilities.
Honey Lake - A natural attraction ideal for fishing, boating, and observing local wildlife.
Cuba Marsh Forest Preserve - An extensive preserve offering hiking, bird watching, and immersive nature experiences.
Tower Lakes Nature Preserve - Known for its beautiful landscapes and trails, perfect for outdoor enthusiasts.
The Economy of Lake Barrington, IL
The economy of Lake Barrington is primarily driven by residential development, with a significant portion of its workforce commuting to Chicago and other nearby cities for employment. The local economy benefits from a mix of small businesses, retail services, and light manufacturing. Additionally, the village's natural settings boost its real estate market, making it a desirable location for luxury housing.
Lake Barrington, IL Inflation
Understanding the BLS and Inflation in Lake Barrington, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Barrington, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Lake Barrington, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lake Barrington, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Lake Barrington, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Lake barrington, IL
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