All Countries
Lake of the Woods, IL
Full City Profile · Illinois · Champaign County County
Lake of the Woods, IL
At a Glance
How Lake of the Woods Compares to the U.S. Average
Each bar shows Lake of the Woods's value as a percentage of the national average (100% = U.S. avg)
Is Lake of the Woods a Good Place to Live?
Economy & Jobs
Lake of the Woods residents earn a median household income of $69,054 , which is 8% below the national average of $75,149. Per capita income is $30,729. The unemployment rate stands at 6.6% (83% above the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 4,160 business establishments, including 590 restaurants.
Housing & Cost of Living
The median home value in Lake of the Woods is $194,300 , 31% below the national median of $281,900. Zillow estimates the typical home at $336,303. Median rent is $1,201/month, with 47.1% 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 1994.
Safety & Crime
Lake of the Woods reports 153 violent crimes per 100,000 residents , which is 60% below the national average of 380/100K. Property crime is 497/100K.
Education
38.0% of adults in Lake of the Woods hold a bachelor's degree or higher (13% above the national average). 97.3% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Lake of the Woods has an average annual temperature of 51°F (11°C). Winters average 25°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 39.6 inches. Air quality is rated Good with a median AQI of 43.