Lake Carroll

Population: 763
Median household income: $101,250
Median home value: $317,900

Lake Carroll, a community in Carroll County, Illinois, has 763 residents. Its median household income of $101,250 runs above the Carroll County figure of $60,871.

From 2020 to 2023, Lake Carroll's population grew 52.6% from 500 to 763, while its median home value rose 5.7% from $300,800 to $317,900.

The median resident is 60.6 years old. The largest age group is 65 to 74, 29.9% of residents.

Demographics

ACS 2019–2023

Population: 763
Median age: 60.6 yrs
Median household income: $101,250
Median home value: $317,900
Median gross rent: —
Housing units: 910
Homeownership rate: 99.3%
Bachelor's degree or higher: 36.9%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

500763

Median household income

$84,048$101,250

Median home value

$300,800$317,900

Year	Population	Median household income	Median home value
2020	500	$84,048	$300,800
2021	686	$90,083	$273,800
2022	758	$99,297	$285,400
2023	763	$101,250	$317,900

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.4%

5 to 1712.1%

18 to 247.1%

25 to 340.0%

35 to 443.5%

45 to 548.0%

55 to 6422.5%

65 to 7429.9%

75 and over7.5%

	Count	Share
Under 5	72	9.4%
5 to 17	92	12.1%
18 to 24	54	7.1%
25 to 34	0	0.0%
35 to 44	27	3.5%
45 to 54	61	8.0%
55 to 64	172	22.5%
65 to 74	228	29.9%
75 and over	57	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	758	99.3%
Black or African American	3	0.4%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	2	0.3%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma5.7%

High school graduate19.1%

Some college or associate's38.3%

Bachelor's degree28.1%

Graduate or professional degree8.8%

	Count	Share
No high school diploma	31	5.7%
High school graduate	104	19.1%
Some college or associate's	209	38.3%
Bachelor's degree	153	28.1%
Graduate or professional degree	48	8.8%

Commute to work

Mean travel time to work: 28 min

Drove alone80.2%

Carpooled0.0%

Public transit0.0%

Walked10.1%

Bicycle0.0%

Worked from home9.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	174	80.2%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	22	10.1%
Bicycle	0	0.0%
Worked from home	21	9.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	77	39.3%
15 to 29 min	38	19.4%
30 to 44 min	53	27.0%
45 to 59 min	7	3.6%
60+ min	21	10.7%

Households

Average household size: 2.78
Poverty rate: 3.1% (24 of 763)

	Count	Share
Family households	240	87.6%
Nonfamily households	34	12.4%

Housing

Median year structure built: 1995

Occupancy

	Count	Share
Occupied	274	30.1%
Vacant	636	69.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	272	99.3%
Renter-occupied	2	0.7%

1-unit, detached99.2%

1-unit, attached0.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	903	99.2%
1-unit, attached	7	0.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1740980
Type (LSAD): 57
Land area: 14 sq mi
Water area: 0.64 sq mi
Center point: 42.1706, -89.8647