Census Bureau data for Lake Villa 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 — Lake Villa village
- What is the median household income in Lake Villa village?
- The median household income in Lake Villa village is $111,110 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Villa village?
- The poverty rate in Lake Villa village is 2.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Villa village?
- $325,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Villa village?
- The median gross rent in Lake Villa village is $1,430 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Villa village residents have a college degree?
- 48.6% of adults in Lake Villa village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,707
Median Income
$111,110
Median Home Value
$325,900
Poverty Rate
2.9%
Unemployment (ACS 2023)
6.4%
Median Age
40.0 yrs
Since 2019
Median Income:
+$5,769 (+5.5%)
Home Value:
+$66,000 (+25.4%)
Poverty Rate:
+0.3 pp (+11.5%)
Bachelor's+:
+1.6 pp (+3.4%)
Unemployment:
+2.3 pp (+56.1%)
Demographics
Total Population
8,707
Median Age
40.0
Female
50.4%
Race & Ethnicity
Hispanic or Latino 14.2%
White (non-Hisp.) 68.3%
Black 6.1%
Asian 7.8%
Two or More 10.9%
Other 4.7%
Asian Subgroups (% of total pop.)
Filipino
2.3%
Indian
1.6%
Vietnamese
1.6%
Korean
0.9%
Chinese
0.6%
Hispanic Subgroups (% of total pop.)
Mexican
9.2%
Puerto Rican
3.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$111,110
±$10,217
+$29,408 vs. state
Per Capita Income
$140,848
Median Family Income
$144,511
Poverty Rate
2.9%
-5.3 pp vs. state
Child Poverty Rate
1.9%
Working-Age Poverty Rate
—
SNAP Recipients
6.4%
Social Security Income
—
Retirement Income
25.0%
Household Income Distribution
< $10k
1.6%
$10–15k
2.2%
$15–25k
4.9%
$25–35k
1.3%
$35–50k
8.9%
$50–75k
9.5%
$75–100k
14.5%
$100–150k
19.0%
$150–200k
18.9%
$200k+
19.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,192
Owner-Occupied
70.0%
Renter-Occupied
30.0%
Vacancy Rate
1.6%
Median Home Value
$325,900
+$75,400 vs. state
Median Gross Rent
$1,430
Owner Cost Burden (30%+)
12.5%
Renter Cost Burden (30%+)
27.8%
Home Value Distribution
< $50k
2.8%
$100–200k
1.0%
$200–300k
29.5%
$300–500k
56.0%
$500k–$1M
2.4%
$1M+
1.6%
Gross Rent Distribution
< $500
3.5%
$500–1k
8.2%
$1–1.5k
43.9%
$1.5–2k
20.4%
$2–2.5k
17.5%
$3.5k+
6.5%
Vehicle Availability
No vehicle
4.2%
1 vehicle
26.0%
2 vehicles
45.8%
3+
24.0%
Housing Type
Single-fam. det.
68.6%
Single-fam. att.
7.1%
5–19 units
2.2%
20+ units
9.6%
Mobile home
0.8%
Housing Age
Pre-1940
4.5%
1940–1969
1.6%
1970–1999
16.2%
2000–2009
33.4%
2010+
3.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.4%
Bachelor's or Higher
48.6%
+11.4 pp vs. state
Graduate Degree
20.9%
Some College / Associate
17.4%
Less Than High School
1.4%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.8%
Unemployment Rate
6.4%
+0.6 pp vs. state
Work from Home
16.4%
Self-Employed
4.0%
Government Workers
14.7%
Private For-Profit
81.2%
Industry
Edu/Health
20.3%
Manufacturing
18.9%
Retail
13.7%
Prof. Services
11.2%
Finance
6.6%
Wholesale
4.7%
Arts/Entmt.
4.0%
Construction
3.0%
Transportation
2.8%
Public Admin
2.7%
Information
2.6%
Occupation
Management
51.4%
Sales
20.1%
Production
12.6%
Food Prep
12.2%
Construction
3.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.6 min
Drove Alone
76.1%
Carpool
4.7%
Public Transit
1.2%
Work from Home
16.4%
Walked
0.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,141
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
61.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
30.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
6.3%
10–14
8.3%
15–19
11.0%
20–24
6.2%
25–34
7.7%
35–44
13.0%
45–54
17.1%
55–64
7.0%
65–74
6.5%
75–84
7.5%
85+
4.7%
Under 18: 26.4%
Working age (18–64): 73.6%
65 and over: 13.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
12.6%
Naturalized Citizen
55.0%
Speaks English Less Than Very Well
5.0%
Foreign-Born Origin
Europe
45.0%
Asia
38.1%
Latin America
16.3%
Veterans & Disability
Veteran
4.6%
With a Disability
11.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.7%
Uninsured
4.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.1%
Has a Computer
97.6%
Same House 1 Year Ago
87.2%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023