Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.3 yrs |
|---|---|
| Avg HH Size | 2.86 |
| Below Poverty | 4.0% ▼ 60% below avg |
| College Grads | 49.7% ▲ 28% above avg |
| Unemployment | 5.9% ▲ 21% above avg |
| No HS Diploma | 278 (1.3%) |
| HS Graduate | 5,007 (22.8%) |
| Some College | 2,554 (11.6%) |
| Associates | 3,198 (14.6%) |
| Bachelors | 1,641 (7.5%) |
| Graduate Degree | 9,245 (42.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $122,376 ▲ 60% above avg |
|---|---|
| Median Home Value | $282,500 ≈ Avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $1,645/mo |
| Total Housing Units | 12,544 |
| Vacant Units | 474 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Villa is a city in Illinois, located in Lake County. The city spans 1 ZIP code and is home to approximately 34,708 residents. It is a middle-aged city, with a median age of 38.3 years.
Economically, Lake Villa is a upper-middle-income community. The median household income of $122,376 is significantly above the national average. Approximately 4.0% of residents live below the poverty line. The unemployment rate is 5.9%, above the national average.
The real estate market in Lake Villa is a mid-range housing market. Median home values stand at $282,500, which is near the national average. Renters typically pay around $1,645 per month. Homeownership is high at 81.9%, typical of suburban and family-oriented communities.
The population of Lake Villa is well-educated. 49.7% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (69.61%).
Lake Villa, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60046 | 34,708 | $122,376 | $282,500 | $1,645 | 5.9% | 49.7% | 81.9% |