Lake Catherine vs Third Lake

A side-by-side comparison of Lake Catherine and Third Lake: population, income, housing, and more.

Lake Catherine and Third Lake are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Third Lake has the higher population (1,203 vs 1,091 in Lake Catherine). Third Lake has the higher median household income ($150,893 vs $94,821 in Lake Catherine). Third Lake has the higher median home value ($329,500 vs $237,100 in Lake Catherine).

Population, income & housing

	Lake Catherine	Third Lake
Population	1,091	1,203
Median age	50.5 yrs	50.1 yrs
Median household income	$94,821	$150,893
Median home value	$237,100	$329,500
Median gross rent	$1,250	—
Housing units	667	501
Homeownership rate	78.3%	99.2%
Bachelor's degree or higher	25.9%	70.9%
Unemployment rate	10.1%	2.8%

Trends (ACS 5-year, 2019–2023)

	Lake Catherine	Third Lake
Population	1,454 → 1,091 (-25.0%)	1,079 → 1,203 (+11.5%)
Median household income	$78,063 → $94,821 (+21.5%)	$116,563 → $150,893 (+29.5%)
Median home value	$188,100 → $237,100 (+26.0%)	$267,400 → $329,500 (+23.2%)
Median gross rent	$1,285 → $1,250 (-2.7%)	$1,469 → $1,125 (-23.4%)

Lake Catherine

Population

1,4541,091

Median household income

$78,063$94,821

Median home value

$188,100$237,100

Median gross rent

$1,285$1,250

Third Lake

Population

1,0791,203

Median household income

$116,563$150,893

Median home value

$267,400$329,500

Median gross rent

$1,469$1,125

Age & race/ethnicity

Age distribution (share)

	Lake Catherine	Third Lake
Under 5	0.6%	4.5%
5 to 17	9.4%	15.0%
18 to 24	9.2%	6.0%
25 to 34	13.3%	6.7%
35 to 44	9.3%	13.6%
45 to 54	12.8%	14.7%
55 to 64	23.4%	13.5%
65 to 74	13.2%	19.3%
75 and over	8.8%	6.7%

Race & ethnicity (share)

	Lake Catherine	Third Lake
White (non-Hispanic)	91.7%	82.9%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	1.2%	1.2%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.0%	1.9%
Hispanic or Latino	1.2%	14.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake Catherine	Third Lake
No high school diploma	3.6%	0.4%
High school graduate	33.3%	8.9%
Some college or associate's	37.2%	19.8%
Bachelor's degree	16.5%	35.3%
Graduate or professional degree	9.4%	35.6%

Commute to work

How workers get to work (share)

	Lake Catherine	Third Lake
Drove alone	77.6%	75.6%
Carpooled	7.6%	6.5%
Public transit	0.0%	1.7%
Walked	1.3%	2.4%
Bicycle	0.0%	0.0%
Worked from home	12.5%	13.4%
Other means	1.1%	0.5%

Housing

Units in structure (share)

	Lake Catherine	Third Lake
1-unit, detached	91.3%	94.4%
1-unit, attached	1.0%	0.0%
2 to 4 units	7.6%	0.0%
5 to 19 units	0.0%	5.6%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Lake Catherine	Third Lake
Poverty rate	7.2%	2.2%
Average household size	2.15	2.44
Mean commute (minutes)	32	30
Median year structure built	1959	1985