Channel Lake, IL
Full City Profile · Illinois · McHenry County County
3.0
/5.0
B
Good
1,988
Population
1,104/sq mi density
$63,958
Median Income
$33,993 per capita
$210,400
Home Value
$245,832 Zillow
$1,526
Median Rent
44.9% income on rent
49°F
Avg Temperature
261 sunny days/yr
111
Violent Crime/100K
1,563 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$63,958 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$210,400 home value, $1,526/mo rent
F
Safety
1.0 / 5.0
111 violent crimes/100K
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher
Income Overview
Median Household Income
$63,958
15% below
US avg: $75,149
Per Capita Income
$33,993
13% below
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
17.1%
38% above
US avg: 12.4%
Income Comparison: Channel Lake vs. U.S. Average
Each bar shows Channel Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,958
85%
Per Capita
US: $39,052
$33,993
87%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
33 min
19% above US avg (28 min)
Work From Home
14.5%
5% below US avg (15.2%)
Drive Alone
75.2%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.2%
Public Transit
0%
Work From Home
14.5%
Other
10.3%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $63,958 |
| Per Capita Income | $33,993 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 2.3% |
| Poverty Rate | 17.1% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 75.2% |
| Public Transit | 0.0% |
| Work From Home | 14.5% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |
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