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
Housing Overview
Median Home Value
$317,900
13% above
US avg: $281,900
Homeownership Rate
99.3%
52% above US avg (65.4%)
Total Housing Units
1,001
Median year built: 1997
Home Value by Source
Census Median
$317,900
Zillow (ZHVI)
$306,340
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
99.3%
Owner-Occupied
0.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Affordability & Housing Stock
Rent Burden
22.9%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
99.3%
Complete Housing Data
Home Values
| Census Median Value | $317,900 |
| Zillow Home Value (ZHVI) | $306,340 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 99.3% |
| Renter-Occupied | 0.7% |
| Homeownership Rate | 99.3% |
| Total Housing Units | 1,001 |
| Median Year Built | 1997 |
| Rent Burden | 22.9% |
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