Lake Villa

Population: 8,707
Median household income: $111,110
Median home value: $325,900

Lake Villa, a community in Lake County, Illinois, has 8,707 residents. At $111,110, its median household income sits in line with Lake County's $108,917.

Between 2019 and 2023, Lake Villa's population held roughly steady from 8,705 to 8,707, while its median home value rose 25.4% from $259,900 to $325,900.

48.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 70.0% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 8,707
Median age: 40.3 yrs
Median household income: $111,110
Median home value: $325,900
Median gross rent: $1,430
Housing units: 3,192
Homeownership rate: 70.0%
Bachelor's degree or higher: 48.6%
Unemployment rate: 6.4%

Trends

ACS 5-year · 2019–2023

Population

8,7058,707

Median household income

$105,341$111,110

Median home value

$259,900$325,900

Median gross rent

$1,162$1,430

Year	Population	Median household income	Median home value	Median gross rent
2019	8,705	$105,341	$259,900	$1,162
2020	8,601	$105,639	$271,500	$1,167
2021	8,741	$115,598	$279,400	$1,227
2022	8,701	$126,711	$309,400	$1,275
2023	8,707	$111,110	$325,900	$1,430

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

Age distribution

Under 53.9%

5 to 1722.5%

18 to 249.4%

25 to 347.7%

35 to 4413.0%

45 to 5417.1%

55 to 6413.5%

65 to 747.5%

75 and over5.4%

	Count	Share
Under 5	341	3.9%
5 to 17	1,955	22.5%
18 to 24	818	9.4%
25 to 34	670	7.7%
35 to 44	1,129	13.0%
45 to 54	1,490	17.1%
55 to 64	1,175	13.5%
65 to 74	656	7.5%
75 and over	473	5.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,949	68.3%
Black or African American	531	6.1%
American Indian & Alaska Native	14	0.2%
Asian	675	7.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	301	3.5%
Hispanic or Latino (any race)	1,237	14.2%

Educational attainment (age 25+)

No high school diploma4.6%

High school graduate22.9%

Some college or associate's23.8%

Bachelor's degree27.7%

Graduate or professional degree20.9%

	Count	Share
No high school diploma	260	4.6%
High school graduate	1,283	22.9%
Some college or associate's	1,330	23.8%
Bachelor's degree	1,549	27.7%
Graduate or professional degree	1,171	20.9%

Commute to work

Mean travel time to work: 33 min

Drove alone76.1%

Carpooled4.7%

Public transit1.2%

Walked0.3%

Bicycle0.0%

Worked from home16.4%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	3,316	76.1%
Carpooled	203	4.7%
Public transit	52	1.2%
Walked	11	0.3%
Bicycle	0	0.0%
Worked from home	716	16.4%
Other means	57	1.3%

Travel time

	Count	Share
Under 15 min	537	14.8%
15 to 29 min	997	27.4%
30 to 44 min	1,105	30.4%
45 to 59 min	499	13.7%
60+ min	501	13.8%

Households

Average household size: 2.76
Poverty rate: 3.3% (288 of 8,675)

	Count	Share
Family households	2,333	74.3%
Nonfamily households	808	25.7%

Housing

Median year structure built: 1994

Occupancy

	Count	Share
Occupied	3,141	98.4%
Vacant	51	1.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,198	70.0%
Renter-occupied	943	30.0%

1-unit, detached68.6%

1-unit, attached7.1%

2 to 4 units0.2%

5 to 19 units13.7%

20 or more units9.6%

Mobile home & other0.8%

Units in structure

	Count	Share
1-unit, detached	2,189	68.6%
1-unit, attached	226	7.1%
2 to 4 units	6	0.2%
5 to 19 units	438	13.7%
20 or more units	307	9.6%
Mobile home & other	26	0.8%

Geography

Place GEOID: 1741586
Type (LSAD): 47
Land area: 6.53 sq mi
Water area: 0.78 sq mi
Center point: 42.4176, -88.0826