Island Lake, IL
Quality of Life, Demographics, And Statistics

Demographics | Cost Of Living
Updated: 2023-10-17

Living In Island Lake, Illinois Summary

Life in Island Lake research summary. HomeSnacks has been researching the quality of life in Island Lake over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Island Lake:

  • The population in Island Lake is 8,057.

  • The median home value in Island Lake is $196,400.

  • The median income in Island Lake is $84,940.

  • The cost of living in Island Lake is 105 which is 1.1x higher than the national average.

  • The median rent in Island Lake is $1,589.

  • The unemployment rate in Island Lake is 5.7%.

  • The poverty rate in Island Lake is 8.9%.

Island Lake SnackAbility

9
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
8
Safety
9
Amenities
8.5
Education
8
Commute
3

Island Lake, IL Cost Of Living

105
Island Lake's Overall Cost Of Living
1.1x
Higher Than The National Average
Living Expense Island Lake Illinois National Average
Overall 105 92 100
Services 114 95 100
Groceries 108 98 100
Health 100 96 100
Housing 100 81 100
Transportation 115 105 100
Utilities 94 90 100

Rankings for Island Lake in Illinois

Map Of Island Lake, IL

Best Places Around Island Lake

1

Buffalo Grove, IL
Population 43,062

2

Deerfield, IL
Population 19,228

3

Lake Bluff, IL
Population 5,878

4

Lake Zurich, IL
Population 19,807

5

Arlington Heights, IL
Population 77,283

6

Grandwood Park, IL
Population 5,506

7

Lindenhurst, IL
Population 14,453

8

Hawthorn Woods, IL
Population 8,959

9

Vernon Hills, IL
Population 26,723

10

Mount Prospect, IL
Population 56,510

Population over time in Island Lake

Year Population % Change
2021 8,112 0.7%
2020 8,056 0.1%
2019 8,049 0.3%
2018 8,025 -0.2%
2017 8,041 0.1%
2016 8,033 -0.5%
2015 8,076 -0.5%
2014 8,114 -0.7%
2013 8,173 -0.6%
2012 8,223 -

Race / Ethnicity in Island Lake

White
78.0% (6,287)
African American
0.2% (20)
American Indian
0.0% (0)
Asian
3.0% (244)
Hawaiian
0.0% (0)
Other
0.0% (0)
Two Or More
1.5% (124)
Hispanic
17.2% (1,382)
Race Island Lake IL USA
White 78.0% 60.2% 59.4%
African American 0.2% 13.8% 12.2%
American Indian 0.0% 0.1% 0.6%
Asian 3.0% 5.6% 5.6%
Hawaiian 0.0% 0.0% 0.2%
Other 0.0% 0.3% 0.4%
Two Or More 1.5% 2.4% 3.2%
Hispanic 17.2% 17.5% 18.4%

Gender in Island Lake

Female
50.6% (4,075)
Male
49.4% (3,981)
Gender Island Lake IL USA
Female 50.6% 50.6% 50.5%
Male 49.4% 49.4% 49.5%

Highest level of educational attainment in Island Lake for adults over 25

< 9th Grade
4.0% (322)
9-12th Grade
5.0% (402)
High School / GED
32.0% (2,578)
Some College
20.0% (1,611)
Associate's Degree
12.0% (966)
Bachelor's Degree
22.0% (1,772)
Master's Degree
5.0% (402)
Professional Degree
0.0% (0)
Doctorate Degree
0.0% (0)
Education Island Lake IL USA
< 9th Grade 4.0% 6.0% 5.0%
9-12th Grade 5.0% 6.0% 6.0%
High School / GED 32.0% 25.0% 26.0%
Some College 20.0% 20.0% 20.0%
Associate's Degree 12.0% 8.0% 9.0%
Bachelor's Degree 22.0% 22.0% 21.0%
Master's Degree 5.0% 10.0% 9.0%
Professional Degree 0.0% 2.0% 2.0%
Doctorate Degree 0.0% 1.0% 2.0%

Household Income For Island Lake, Illinois

Less than $10,000
1.3% (10,191)
$10,000 to $14,999
1.1% (8,582)
$15,000 to $24,999
4.1% (32,721)
$25,000 to $34,999
5.5% (44,522)
$35,000 to $49,999
11.0% (88,777)
$50,000 to $74,999
19.0% (153,415)
$75,000 to $99,999
18.2% (146,978)
$100,000 to $149,999
22.8% (183,454)
$150,000 to $199,999
11.6% (93,336)
$200,000 or more
5.4% (43,718)
Income Island Lake IL USA
Less than $10,000 1.3% 5.9% 5.5%
$10,000 to $14,999 1.1% 3.5% 3.9%
$15,000 to $24,999 4.1% 7.4% 7.8%
$25,000 to $34,999 5.5% 7.7% 8.2%
$35,000 to $49,999 11.0% 10.7% 11.4%
$50,000 to $74,999 19.0% 16.3% 16.8%
$75,000 to $99,999 18.2% 12.9% 12.8%
$100,000 to $149,999 22.8% 17.1% 16.3%
$150,000 to $199,999 11.6% 8.5% 7.8%
$200,000 or more 5.4% 10.1% 9.5%

Articles About Illinois

Enjoy The Snack?