Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 8.5% ▼ 15% below avg |
| College Grads | 39.6% ≈ Avg |
| Unemployment | 3.4% ▼ 31% below avg |
| HS Graduate | 526 (30.4%) |
| Some College | 249 (14.4%) |
| Associates | 272 (15.7%) |
| Bachelors | 268 (15.5%) |
| Graduate Degree | 418 (24.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,833 ▲ 16% above avg |
|---|---|
| Median Home Value | $147,600 ▼ 47% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $703/mo |
| Total Housing Units | 1,916 |
| Vacant Units | 782 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lanark is a city in Illinois, located in Carroll County. The city spans 1 ZIP code and is home to approximately 2,599 residents. It is a mature city, with a median age of 48.6 years.
Economically, Lanark is a middle-income community. The median household income of $88,833 is above the national average. Approximately 8.5% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Lanark is one of the more affordable housing markets in the country. Median home values stand at $147,600, which is below the national average. Renters typically pay around $703 per month. Homeownership is high at 86.2%, typical of suburban and family-oriented communities.
The population of Lanark is moderately educated. 39.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.23%).
Lanark, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61046 | 2,599 | $88,833 | $147,600 | $703 | 3.4% | 39.6% | 86.2% |