Lincolnshire is located in north Illinois. Lincolnshire is part of Lake County. Lincolnshire has 4.58 square miles of land area and 0.09 square miles of water area. As of 2010-2014, the total Lincolnshire population is 7,270, which has grown 19.02% since 2000. The population growth rate is much higher than the state average rate of 3.62% and is much higher than the national average rate of 11.61%. Lincolnshire median household income is $111,250 in 2010-2014 and has has shrunk by 17.14% since 2000. The income growth rate is much lower than the state average rate of 22.70% and is much lower than the national average rate of 27.36%. Lincolnshire median house value is $492,900 in 2010-2014 and has shrunk by -11.42% since 2000. The house value growth rate is much lower than the state average rate of 34.33% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lincolnshire is much better than the state average in quality. The Lincolnshire area code is 847.