Island Lake

Population: 8,023
Median household income: $98,125
Median home value: $241,900

Located in McHenry County, Illinois, Island Lake is a community with a population of 8,023. Its median household income of $98,125 runs below the McHenry County figure of $102,836.

From 2019 to 2023, Island Lake's population held roughly steady from 8,035 to 8,023, while its median home value rose 41.4% from $171,100 to $241,900.

76.3% of workers drive to work alone. 74.1% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 8,023
Median age: 39.5 yrs
Median household income: $98,125
Median home value: $241,900
Median gross rent: $1,855
Housing units: 3,045
Homeownership rate: 81.7%
Bachelor's degree or higher: 27.6%
Unemployment rate: 6.7%

Trends

ACS 5-year · 2019–2023

Population

8,0358,023

Median household income

$83,292$98,125

Median home value

$171,100$241,900

Median gross rent

$1,388$1,855

Year	Population	Median household income	Median home value	Median gross rent
2019	8,035	$83,292	$171,100	$1,388
2020	8,112	$83,970	$184,900	$1,576
2021	8,057	$84,940	$196,400	$1,589
2022	8,039	$91,852	$223,100	$1,754
2023	8,023	$98,125	$241,900	$1,855

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

Age distribution

Under 57.2%

5 to 1714.9%

18 to 248.6%

25 to 3412.4%

35 to 4413.4%

45 to 5414.7%

55 to 6415.4%

65 to 7410.1%

75 and over3.2%

	Count	Share
Under 5	577	7.2%
5 to 17	1,198	14.9%
18 to 24	693	8.6%
25 to 34	998	12.4%
35 to 44	1,079	13.4%
45 to 54	1,178	14.7%
55 to 64	1,234	15.4%
65 to 74	811	10.1%
75 and over	255	3.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,940	74.0%
Black or African American	21	0.3%
American Indian & Alaska Native	7	0.1%
Asian	218	2.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	152	1.9%
Hispanic or Latino (any race)	1,685	21.0%

Educational attainment (age 25+)

No high school diploma9.2%

High school graduate29.4%

Some college or associate's33.8%

Bachelor's degree20.9%

Graduate or professional degree6.7%

	Count	Share
No high school diploma	513	9.2%
High school graduate	1,633	29.4%
Some college or associate's	1,876	33.8%
Bachelor's degree	1,163	20.9%
Graduate or professional degree	370	6.7%

Commute to work

Mean travel time to work: 32 min

Drove alone76.3%

Carpooled9.9%

Public transit0.1%

Walked0.4%

Bicycle0.0%

Worked from home11.9%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	3,244	76.3%
Carpooled	421	9.9%
Public transit	5	0.1%
Walked	15	0.4%
Bicycle	0	0.0%
Worked from home	506	11.9%
Other means	59	1.4%

Travel time

	Count	Share
Under 15 min	467	12.5%
15 to 29 min	1,375	36.7%
30 to 44 min	900	24.0%
45 to 59 min	593	15.8%
60+ min	409	10.9%

Households

Average household size: 2.75
Poverty rate: 6.5% (519 of 7,940)

	Count	Share
Family households	1,978	68.5%
Nonfamily households	911	31.5%

Housing

Median year structure built: 1989

Occupancy

	Count	Share
Occupied	2,889	94.9%
Vacant	156	5.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,359	81.7%
Renter-occupied	530	18.3%

1-unit, detached74.1%

1-unit, attached21.5%

2 to 4 units0.3%

5 to 19 units2.6%

20 or more units0.8%

Mobile home & other0.8%

Units in structure

	Count	Share
1-unit, detached	2,257	74.1%
1-unit, attached	654	21.5%
2 to 4 units	9	0.3%
5 to 19 units	79	2.6%
20 or more units	23	0.8%
Mobile home & other	23	0.8%

Geography

Place GEOID: 1737894
Type (LSAD): 47
Land area: 3.37 sq mi
Water area: 0.21 sq mi
Center point: 42.2788, -88.2005