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The average household size was 2.75, and the average family size was 3.22. For every 100 females age 18 and over, there were 85.4 males.
In the village, the population was spread out, with 22.9% under the age of 18, 6.6% from 18 to 24, 19.8% from 25 to 44, 26.7% from 45 to 64, and 23.9% who were 65 years of age or older. In 2008, the median income for a household in the village was ,474, and the median income for a family was 8,437.
High school students attend Niles West High School in neighboring Skokie, part of District 219.
Lincolnwood is part of the Oakton Community College District, which has a campus minutes away in Skokie.
Lincolnwood's first woman mayor, Madeline Grant, succeeded Chulay, and in 1995 created a nine-member Economic Development Commission.
Peter Moy served as village trustee from 1995 to 2000, then as village president until 2005.
There were 4,593 housing units at an average density of 1,709.4 per square mile (659.2/km²).
The racial makeup of the village in 2010 was 69.3% White, 1.1% African American, 29.1% Asian, 1.23% from other races, and 0.2% identified as Other.
In January 2012, several Lincolnwood residents became concerned with the finances in School District 74.
Lincolnwood is served by elementary School District 74, which has a one-campus setting with three main facilities named after the Lincoln family.
Todd Hall serves as the education facility for preschoolers to early grade school students, Rutledge Hall serves elementary school students, and Lincoln Hall serves primarily junior high students.
of 2000, there were 12,359 people, 4,482 households, and 3,446 families residing in the village.
The population density was 4,599.7 people per square mile (1,773.9/km²).