All Countries
Lake Carroll, IL
Full City Profile · Illinois · Carroll County County
4.6
/5.0
A+
Excellent
763
Population
56/sq mi density
$101,250
Median Income
$53,714 per capita
$317,900
Home Value
$306,340 Zillow
49°F
Avg Temperature
246 sunny days/yr
A+
Overall
4.6 / 5.0
Strong
A+
Economy
5.0 / 5.0
$101,250 median income, 0.0% unemployment
A+
Affordability
4.9 / 5.0
$317,900 home value, /mo rent
B+
Education
4.0 / 5.0
36.9% bachelor's degree or higher
Income Overview
Median Household Income
$101,250
35% above
US avg: $75,149
Per Capita Income
$53,714
38% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Lake Carroll vs. U.S. Average
Each bar shows Lake Carroll’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$101,250
135%
Per Capita
US: $39,052
$53,714
138%
IRS Avg AGI
US: $72,000
$68,658
95%
Avg Weekly Wage
US: $1,432
$903
63%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$903
37% below US avg ($1,432)
Mean Commute Time
28 min
2% above US avg (28 min)
Work From Home
9.7%
36% below US avg (15.2%)
Drive Alone
80.2%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$761M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.2%
Public Transit
0%
Work From Home
9.7%
Other
10.1%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
405
Restaurants
41
Healthcare
25
Retail
54
Manufacturing
19
Tax & Financial
IRS Avg Adjusted Gross Income
$68,658
5% below US avg ($72,000)
Avg Property Tax
$5,595
60% 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 | $101,250 |
| Per Capita Income | $53,714 |
| IRS Avg Adjusted Gross Income | $68,658 |
| Avg Weekly Wage | $903 |
| County GDP | $761M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 80.2% |
| Public Transit | 0.0% |
| Work From Home | 9.7% |
Businesses
| Total Establishments | 405 |
| Restaurants | 41 |
| Healthcare | 25 |
| Retail | 54 |
| Manufacturing | 19 |
Tax
| IRS Avg AGI | $68,658 |
| Avg Property Tax | $5,595 |