Census Bureau data for Island Lake village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Island Lake village
- What is the median household income in Island Lake village?
- The median household income in Island Lake village is $98,125 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Island Lake village?
- The poverty rate in Island Lake village is 3.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in Island Lake village?
- $241,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Island Lake village?
- The median gross rent in Island Lake village is $1,855 per month (U.S. Census Bureau ACS 2023).
- What percentage of Island Lake village residents have a college degree?
- 27.6% of adults in Island Lake village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,023
Median Income
$98,125
Median Home Value
$241,900
Poverty Rate
3.4%
Unemployment (ACS 2023)
6.7%
Median Age
39.0 yrs
Since 2019
Median Income:
+$14,833 (+17.8%)
Home Value:
+$70,800 (+41.4%)
Poverty Rate:
-1.0 pp (-22.7%)
Bachelor's+:
-0.4 pp (-1.4%)
Unemployment:
+4.0 pp (+148.1%)
Demographics
Total Population
8,023
Median Age
39.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 21.0%
White (non-Hisp.) 74.0%
Black 0.3%
Asian 2.7%
Two or More 10.7%
Other 2.1%
Asian Subgroups (% of total pop.)
Chinese
0.7%
Filipino
0.7%
Japanese
0.3%
Korean
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
18.9%
Puerto Rican
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$98,125
±$9,061
+$16,423 vs. state
Per Capita Income
$104,605
Median Family Income
$109,167
Poverty Rate
3.4%
-4.8 pp vs. state
Child Poverty Rate
6.7%
Working-Age Poverty Rate
—
SNAP Recipients
3.6%
Social Security Income
—
Retirement Income
15.1%
Household Income Distribution
< $10k
1.0%
$10–15k
1.3%
$15–25k
1.8%
$25–35k
3.7%
$35–50k
10.0%
$50–75k
15.1%
$75–100k
19.5%
$100–150k
27.5%
$150–200k
12.4%
$200k+
7.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,045
Owner-Occupied
81.7%
Renter-Occupied
18.3%
Vacancy Rate
5.1%
Median Home Value
$241,900
-$8,600 vs. state
Median Gross Rent
$1,855
Owner Cost Burden (30%+)
22.6%
Renter Cost Burden (30%+)
38.7%
Home Value Distribution
< $50k
2.1%
$50–100k
0.3%
$100–200k
7.7%
$200–300k
35.6%
$300–500k
26.1%
$500k–$1M
6.0%
$1M+
0.6%
Gross Rent Distribution
$500–1k
1.7%
$1–1.5k
16.0%
$1.5–2k
45.5%
$2–2.5k
31.0%
$2.5–3.5k
5.8%
Vehicle Availability
No vehicle
1.7%
1 vehicle
27.9%
2 vehicles
41.2%
3+
29.3%
Housing Type
Single-fam. det.
74.1%
Single-fam. att.
21.5%
5–19 units
2.4%
20+ units
0.8%
Mobile home
0.8%
Housing Age
Pre-1940
6.8%
1940–1969
6.8%
1970–1999
6.5%
2000–2009
13.6%
2010+
2.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.8%
Bachelor's or Higher
27.6%
-9.6 pp vs. state
Graduate Degree
6.7%
Some College / Associate
22.6%
Less Than High School
2.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
73.1%
Unemployment Rate
6.7%
+0.9 pp vs. state
Work from Home
11.9%
Self-Employed
4.0%
Government Workers
10.3%
Private For-Profit
85.7%
Industry
Edu/Health
17.9%
Manufacturing
16.2%
Retail
12.3%
Arts/Entmt.
10.2%
Construction
9.6%
Prof. Services
8.6%
Finance
8.0%
Transportation
4.6%
Wholesale
3.8%
Public Admin
2.0%
Information
1.2%
Agriculture
0.1%
Occupation
Management
38.5%
Sales
20.3%
Production
16.6%
Food Prep
12.5%
Construction
12.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
31.8 min
Drove Alone
76.3%
Carpool
9.9%
Public Transit
0.1%
Work from Home
11.9%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,889
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
54.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.2%
5–9
7.3%
10–14
5.8%
15–19
5.5%
20–24
5.0%
25–34
12.4%
35–44
13.4%
45–54
14.7%
55–64
8.0%
65–74
7.4%
75–84
10.1%
85+
1.8%
Under 18: 22.1%
Working age (18–64): 77.9%
65 and over: 13.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
13.7%
Naturalized Citizen
57.6%
Speaks English Less Than Very Well
7.7%
Foreign-Born Origin
Latin America
62.2%
Europe
20.5%
Asia
17.3%
Veterans & Disability
Veteran
5.5%
With a Disability
7.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.9%
Uninsured
5.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.0%
Has a Computer
97.8%
Same House 1 Year Ago
94.4%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023