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Lakemoor village, Illinois

City

Population: 5,878 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Lakemoor 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lakemoor village

What is the median household income in Lakemoor village?
The median household income in Lakemoor village is $96,929 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lakemoor village?
The poverty rate in Lakemoor village is 3.7% (U.S. Census Bureau ACS 2023).
What is the median home value in Lakemoor village?
$261,300 (U.S. Census Bureau ACS 2023).
What is the average rent in Lakemoor village?
The median gross rent in Lakemoor village is $1,711 per month (U.S. Census Bureau ACS 2023).
What percentage of Lakemoor village residents have a college degree?
39.7% of adults in Lakemoor village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,878
Median Income
$96,929
Median Home Value
$261,300
Poverty Rate
3.7%
Unemployment (ACS 2023)
2.6%
Median Age
38.0 yrs
Since 2019 Median Income: +$16,671 (+20.8%) Home Value: +$79,300 (+43.6%) Poverty Rate: +2.3 pp (+164.3%) Bachelor's+: +5.9 pp (+17.5%) Unemployment: -1.0 pp (-27.8%)

Demographics

Total Population 5,878
Median Age 38.0
Female 45.0%
Race & Ethnicity
Hispanic or Latino 13.1% White (non-Hisp.) 76.7% Black 0.9% Asian 7.9% Two or More 7.0% Other 4.7%
Asian Subgroups (% of total pop.)
Indian
6.7%
Filipino
0.8%
Korean
0.2%
Japanese
0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $96,929 ±$21,455
+$15,227 vs. state
Per Capita Income $114,147
Median Family Income $134,015
Poverty Rate 3.7%
-4.5 pp vs. state
Child Poverty Rate 0.8%
Working-Age Poverty Rate
SNAP Recipients 9.6%
Social Security Income
Retirement Income 17.9%
Household Income Distribution
< $10k
5.6%
$10–15k
0.5%
$15–25k
7.8%
$25–35k
1.1%
$35–50k
8.7%
$50–75k
15.5%
$75–100k
13.3%
$100–150k
24.7%
$150–200k
12.0%
$200k+
10.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,520
Owner-Occupied 60.7%
Renter-Occupied 39.3%
Vacancy Rate 7.4%
Median Home Value $261,300
+$10,800 vs. state
Median Gross Rent $1,711
Owner Cost Burden (30%+) 13.9%
Renter Cost Burden (30%+) 52.0%
Home Value Distribution
< $50k
4.7%
$50–100k
1.8%
$100–200k
6.1%
$200–300k
32.4%
$300–500k
26.0%
$500k–$1M
8.8%
Gross Rent Distribution
$1–1.5k
15.0%
$1.5–2k
83.0%
$2–2.5k
1.1%
$2.5–3.5k
0.9%
Vehicle Availability
No vehicle
2.6%
1 vehicle
36.4%
2 vehicles
32.3%
3+
28.7%
Housing Type
Single-fam. det.
50.4%
Single-fam. att.
23.1%
5–19 units
4.0%
20+ units
1.1%
Mobile home
3.3%
Housing Age
Pre-1940
1.6%
1940–1969
2.2%
1970–1999
1.7%
2000–2009
31.8%
2010+
2.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.5%
Bachelor's or Higher 39.7%
+2.5 pp vs. state
Graduate Degree 11.7%
Some College / Associate 22.3%
Less Than High School 1.6%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 71.3%
Unemployment Rate 2.6%
-3.2 pp vs. state
Work from Home 15.4%
Self-Employed 3.8%
Government Workers 11.8%
Private For-Profit 84.1%
Industry
Edu/Health
22.3%
Manufacturing
12.3%
Finance
11.2%
Arts/Entmt.
10.3%
Prof. Services
9.9%
Construction
7.3%
Retail
5.9%
Agriculture
3.8%
Information
3.6%
Transportation
3.4%
Public Admin
2.9%
Wholesale
1.5%
Occupation
Management
45.8%
Sales
20.3%
Construction
14.5%
Food Prep
13.7%
Production
5.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 33.8 min
Drove Alone 81.3%
Carpool 1.4%
Public Transit 0.5%
Work from Home 15.4%
Walked 0.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,333
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 48.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 24.5%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
9.7%
5–9
3.5%
10–14
5.8%
15–19
6.7%
20–24
5.4%
25–34
14.9%
35–44
12.2%
45–54
14.2%
55–64
9.7%
65–74
8.2%
75–84
6.2%
85+
2.9%
Under 18: 24.3% Working age (18–64): 75.7% 65 and over: 9.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 9.6%
Naturalized Citizen 33.8%
Speaks English Less Than Very Well 3.9%
Foreign-Born Origin
Asia
54.2%
Latin America
36.8%
Europe
9.0%

Veterans & Disability

Veteran 4.1%
With a Disability 10.4%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 94.3%
Uninsured 5.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 92.8%
Has a Computer 97.6%
Same House 1 Year Ago 86.0%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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