Island Lake, IL

Illinois · Metropolitan Area

Island Lake is a small city in Illinois with a population of 8,023. Residents earn $98,125 per year, which is 31% above the national average.

3.4 /5.0
B Good
8,023 Population 2,381/sq mi density
$98,125 Median Income $40,068 per capita
$241,900 Home Value $293,448 Zillow
$1,855 Median Rent
49°F Avg Temperature
25 Violent Crime/100K 950 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$98,125 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$241,900 home value, $1,855/mo rent
F
Safety
1.0 / 5.0
25 violent crimes/100K (93% below avg)
B
Education
3.2 / 5.0
27.6% bachelor's degree or higher
Median Income $98,125
31% higher than US avg
Home Value $241,900
14% lower than US avg
Violent Crime 25/100K
93% lower than US avg
Bachelor's+ 27.6%
18% lower than US avg
Median Rent $1,855
60% higher than US avg
Obesity Rate 32.8%
2% higher than US avg
Unemployment 4.9%
36% higher than US avg
Poverty Rate 3.4%
73% lower than US avg

How Island Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population8,023
Median Age39.5 yrs
Density2,381/mi²
Male / Female50% / 50%
Largest GroupWhite 84%

Economy

A+
Median Income$98,125
Per Capita$40,068
Unemployment4.9%
Poverty3.4%
County GDP$15,983M
Commute32 min

Housing

A+
Home Value$241,900
Rent$1,855
OwnershipN/A
Zillow$293,448

Crime

F
Violent25/100K
Property950/100K
Murder12.5/100K
Assault0/100K
Burglary325/100K

Health

Obesity32.8%
UninsuredN/A
Depression22.2%
Heart Disease4.8%

Climate

Avg Temp49°F
AQI43 (Good)
Rain37.0 in/yr
Elevation754 ft

Education

B
Bachelor's+27.6%
High School+90.8%
School Score5.34

Community

2024 VoteR 52% / D 47%
Commute32 min
Libraries13

Is Island Lake a Good Place to Live?

Based on current data, Island Lake receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, low crime rates, affordable housing, a low poverty rate. Island Lake offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Island Lake is $98,125, which is significantly higher than the national average — 31% above $75,149. This places Island Lake among higher-income communities. Unemployment stands at 4.9%, indicating a healthy job market. Only 3.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Island Lake is $241,900, 14% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,855 per month, significantly above the national average of $1,163. At just 2.5x median income, home prices are very affordable relative to local earnings.

Safety & Crime

Island Lake is a very safe community with a violent crime rate of 25 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 950 per 100,000, 52% below the national average.

Education

27.6% of residents hold a bachelor's degree, below the national average of 33.7%. 90.8% have completed high school. Area schools have an average test score of 5.3/10.

Climate & Weather

Island Lake experiences four distinct seasons with an average temperature of 49°F. Winters average 22°F in January while summers reach 73°F in July. Annual precipitation totals 37.0 inches, including 34.5 inches of snow. Air quality is rated Good with a median AQI of 43.

Island Lake has a population of 8,023 with a density of 2,381 people per square mile. The median age is 39.5 years, 2% older than the national median of 38.9. The city is predominantly White (84.1%).

Population

8,023
Total Population
2,381
People / sq mi
39.5yrs
Median Age
2% above US avg
3.4mi²
Land Area

Gender Distribution

Male 50%
Female 50%

Race & Ethnicity

Island Lake vs U.S. Average

Language Spoken at Home

English Only78.1%
1% below US avg
Spanish21.9%
63% above US avg

Social Characteristics

Island Lake vs U.S. Average

The median household income in Island Lake is $98,125, which is 31% above the national average of $75,149. The unemployment rate is 4.9% (above the 3.6% US average). 3.4% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Island Lake vs U.S.

Commute Mode

Income

Median HH Income$98,125
31% above US avg
Per Capita Income$40,068
Avg Weekly Wage$1,060
IRS Avg AGI$93,804

Employment & Poverty

Unemployment4.9%
36% above US avg
Poverty Rate3.4%
73% below US avg
Establishments (County)7,928
County GDP$15,983M

Business (County)

Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax & Cost of Living

Property Tax (IRS)$8,712
149% above US avg
Effective Tax Rate3.60%

Commute & Transportation

Commute Time31.8 min
Work from Home11.9%

Walkability

The median home value in Island Lake is $241,900, 14% below the national average. Monthly rent averages $1,855 (60% above US avg). Zillow estimates the typical home value at $293,448.

Home Value Sources

Ownership Split

Home Values

Census Median$241,900
14% below US avg
Zillow ZHVI$293,448
Median List Price$337,450

Real Estate Market (Redfin)

Median List Price$337,450
$/Sq Ft$179
Homes Sold7
Sale-to-List Ratio95.5%
Price Drops16.7%
Inventory12

Rental Costs

Census Median Rent$1,855
60% above US avg

HUD Fair Market Rent

Studio$774
1 Bedroom$854
2 Bedrooms$1,063
3 Bedrooms$1,370
4 Bedrooms$1,561

Ownership & Property

Owner-Occupied81.7%

Property Tax

Avg Tax (IRS)$8,712
149% above US avg
Effective Rate3.60%
In Island Lake, 32.8% of adults are obese (above the 32.1% national rate). 22.2% report depression. 20.2% are physically inactive.

Health Metrics: Island Lake vs U.S. Average (%)

Chronic Conditions

Obesity32.8%
2% above US avg
Diabetes9.0%
Heart Disease4.8%
High Blood Pressure29.6%
Asthma9.9%
COPD5.4%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking19.7%
Physical Inactivity20.2%
Depression22.2%
Mental Distress16.9%
Physical Distress11.4%

Healthcare Access

Insurance Rate94.0%
Checkup Rate74.5%
Premature Death5,730/100K

Food & Exercise

Food Environment8.8/10
Exercise Access93.1%
Healthcare Facilities846
Island Lake has a violent crime rate of 25 per 100,000 residents, 93% below the national average of 380. Property crime stands at 950 per 100,000 (52% below US avg). The murder rate is 12.5 per 100,000.

Crime Rates: Island Lake vs U.S. Average (per 100,000)

Violent Crime

Total Violent25.0/100K
93% below US avg
Murder12.5/100K
98% above US avg
Rape12.5/100K
Robbery0.0/100K
Assault0.0/100K

Property Crime

Total Property950.1/100K
52% below US avg
Burglary325.0/100K
Theft612.6/100K
Vehicle Theft12.5/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)18

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Island Lake has an average annual temperature of 49°F (9°C). Winters average 22°F in January while summers reach 73°F in July. Annual precipitation is 37.0 inches. Air quality is rated Good with a median AQI of 43.

Temperature

22°F Jan (-6°C) 73°F Jul (23°C)
Annual Average48.6°F
10% below US avg
January Average22°F (-6°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall37.0 inches
3% below US avg
Snowfall34.5 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation754 ft (230 m)
Area3.4 sq mi (8.7 km²)
Population Density2,381/sq mi
Coordinates42.2788°N, 88.2005°W
County FIPS17111
It is classified as Metro — 1 million+. 27.6% of residents hold a bachelor's degree or higher (18% below US avg). In the 2024 election, the county voted Republican by a 5.3-point margin.

2024 Presidential Election (County)

R 51.9%
D 46.6%

Winner: Republican by 5.3 points

Education

Bachelor's Degree+27.6%
18% below US avg
High School+90.8%
School Test Score5.34
B Education Grade (3.2/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density2,381/sq mi
Total Area3.4 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries13
Healthcare Facilities846
Restaurants645
Retail Stores816

Safety & Disasters

Fatal Crashes (County/yr)18
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute31.8 min
Work from Home11.9%

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