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Island Lake, IL
Full City Profile · Illinois · McHenry County County
Island Lake, IL
At a Glance
How Island Lake Compares to the U.S. Average
Each bar shows Island Lake's value as a percentage of the national average (100% = U.S. avg)
Is Island Lake a Good Place to Live?
Economy & Jobs
Island Lake residents earn a median household income of $98,125 , which is 31% above the national average of $75,149. Per capita income is $40,068. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 3.4% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.
Housing & Cost of Living
The median home value in Island Lake is $241,900 , 14% below the national median of $281,900. Zillow estimates the typical home at $293,448. Median rent is $1,855/month, with 30.8% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1990.
Safety & Crime
Island Lake reports 87 violent crimes per 100,000 residents , which is 77% below the national average of 380/100K. Property crime is 483/100K. The murder rate is 0.0/100K.
Education
27.6% of adults in Island Lake hold a bachelor's degree or higher (18% below the national average). 90.8% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
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. The area gets 260 sunny days per year. Annual precipitation totals 37.0 inches. Air quality is rated Good with a median AQI of 43.