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

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

Living In Lake Villa, Illinois Summary

Life in Lake Villa research summary. HomeSnacks has been researching the quality of life in Lake Villa 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 Lake Villa:

  • The population in Lake Villa is 8,741.

  • The median home value in Lake Villa is $279,400.

  • The median income in Lake Villa is $115,598.

  • The cost of living in Lake Villa is 103 which is 1.0x higher than the national average.

  • The median rent in Lake Villa is $1,227.

  • The unemployment rate in Lake Villa is 6.0%.

  • The poverty rate in Lake Villa is 3.1%.

Lake Villa SnackAbility

9
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8.5
Diversity
8
Safety
9
Amenities
8
Education
9
Commute
4

Lake Villa, IL Cost Of Living

103
Lake Villa's Overall Cost Of Living
1.0x
Higher Than The National Average
Living Expense Lake Villa Illinois National Average
Overall 103 92 100
Services 94 95 100
Groceries 95 98 100
Health 113 96 100
Housing 119 81 100
Transportation 93 105 100
Utilities 94 90 100

Rankings for Lake Villa in Illinois

Map Of Lake Villa, IL

Best Places Around Lake Villa

1

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Population 43,062

2

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3

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Population 19,807

4

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Population 5,506

5

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Population 14,453

6

Hawthorn Woods, IL
Population 8,959

7

Vernon Hills, IL
Population 26,723

8

Libertyville, IL
Population 20,616

9

Long Grove, IL
Population 8,258

10

Lincolnshire, IL
Population 7,905

Population over time in Lake Villa

Year Population % Change
2021 8,601 -1.8%
2020 8,762 -0.2%
2019 8,781 -1.5%
2018 8,916 0.4%
2017 8,878 0.2%
2016 8,860 -0.1%
2015 8,873 0.5%
2014 8,827 2.4%
2013 8,618 1.9%
2012 8,460 -

Race / Ethnicity in Lake Villa

White
71.4% (6,242)
African American
3.4% (296)
American Indian
0.3% (26)
Asian
8.3% (722)
Hawaiian
0.0% (0)
Other
0.0% (0)
Two Or More
3.4% (293)
Hispanic
13.3% (1,162)
Race Lake Villa IL USA
White 71.4% 60.2% 59.4%
African American 3.4% 13.8% 12.2%
American Indian 0.3% 0.1% 0.6%
Asian 8.3% 5.6% 5.6%
Hawaiian 0.0% 0.0% 0.2%
Other 0.0% 0.3% 0.4%
Two Or More 3.4% 2.4% 3.2%
Hispanic 13.3% 17.5% 18.4%

Gender in Lake Villa

Female
48.6% (4,247)
Male
51.4% (4,493)
Gender Lake Villa IL USA
Female 48.6% 50.6% 50.5%
Male 51.4% 49.4% 49.5%

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

< 9th Grade
0.0% (0)
9-12th Grade
3.0% (262)
High School / GED
25.0% (2,185)
Some College
20.0% (1,748)
Associate's Degree
8.0% (699)
Bachelor's Degree
25.0% (2,185)
Master's Degree
15.0% (1,311)
Professional Degree
2.0% (174)
Doctorate Degree
2.0% (174)
Education Lake Villa IL USA
< 9th Grade 0.0% 6.0% 5.0%
9-12th Grade 3.0% 6.0% 6.0%
High School / GED 25.0% 25.0% 26.0%
Some College 20.0% 20.0% 20.0%
Associate's Degree 8.0% 8.0% 9.0%
Bachelor's Degree 25.0% 22.0% 21.0%
Master's Degree 15.0% 10.0% 9.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 2.0% 1.0% 2.0%

Household Income For Lake Villa, Illinois

Less than $10,000
3.3% (28,597)
$10,000 to $14,999
0.2% (2,022)
$15,000 to $24,999
3.1% (27,153)
$25,000 to $34,999
2.5% (21,953)
$35,000 to $49,999
5.4% (46,795)
$50,000 to $74,999
20.1% (175,628)
$75,000 to $99,999
10.1% (88,392)
$100,000 to $149,999
22.3% (194,982)
$150,000 to $199,999
14.7% (128,255)
$200,000 or more
18.3% (160,319)
Income Lake Villa IL USA
Less than $10,000 3.3% 5.9% 5.5%
$10,000 to $14,999 0.2% 3.5% 3.9%
$15,000 to $24,999 3.1% 7.4% 7.8%
$25,000 to $34,999 2.5% 7.7% 8.2%
$35,000 to $49,999 5.4% 10.7% 11.4%
$50,000 to $74,999 20.1% 16.3% 16.8%
$75,000 to $99,999 10.1% 12.9% 12.8%
$100,000 to $149,999 22.3% 17.1% 16.3%
$150,000 to $199,999 14.7% 8.5% 7.8%
$200,000 or more 18.3% 10.1% 9.5%

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