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Lake of the Woods, IL
Full City Profile · Illinois · Champaign County County
3.4
/5.0
B
Good
1,976
Population
1,176/sq mi density
$69,054
Median Income
$30,729 per capita
$194,300
Home Value
$336,303 Zillow
$1,201
Median Rent
47.1% income on rent
51°F
Avg Temperature
275 sunny days/yr
153
Violent Crime/100K
497 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$69,054 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$194,300 home value, $1,201/mo rent
F
Safety
1.0 / 5.0
153 violent crimes/100K
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher
Income Overview
Median Household Income
$69,054
8% below
US avg: $75,149
Per Capita Income
$30,729
21% below
US avg: $39,052
Unemployment Rate
6.6%
83% above
US avg: 3.6%
Poverty Rate
5.3%
57% below
US avg: 12.4%
Income Comparison: Lake of the Woods vs. U.S. Average
Each bar shows Lake of the Woods’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$69,054
92%
Per Capita
US: $39,052
$30,729
79%
IRS Avg AGI
US: $72,000
$79,600
111%
Avg Weekly Wage
US: $1,432
$1,235
86%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,235
14% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
73.9%
1% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,450M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.9%
Public Transit
0%
Work From Home
0%
Other
26.1%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,160
Restaurants
590
Healthcare
419
Retail
576
Manufacturing
124
Tax & Financial
IRS Avg Adjusted Gross Income
$79,600
11% above US avg ($72,000)
Avg Property Tax
$7,971
128% 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 | $69,054 |
| Per Capita Income | $30,729 |
| IRS Avg Adjusted Gross Income | $79,600 |
| Avg Weekly Wage | $1,235 |
| County GDP | $15,450M |
Hardship Indicators
| Unemployment Rate | 6.6% |
| Poverty Rate | 5.3% |
| Gini Coefficient | 0.498 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 73.9% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 4,160 |
| Restaurants | 590 |
| Healthcare | 419 |
| Retail | 576 |
| Manufacturing | 124 |
Tax
| IRS Avg AGI | $79,600 |
| Avg Property Tax | $7,971 |