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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

Change Over Time (2013–2023)

Population Change
-34%
2,996 → 1,976
over 10 years
Annual Pop. Growth
-4.08%
Compound annual growth rate
Median Income Change
+73.8%
$39,738 → $69,054
nominal, not inflation-adjusted
Annual Income Growth
+5.68%
Compound annual growth rate

Population Over Time

Total population for Lake of the Woods across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
1,476
-500 from 2023 (1,976)
Projected Median Income 2030
$101,657
+$32,603 from 2023 ($69,054)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 2,996 $39,738
2015 2,941 -1.8% $37,460 -5.7%
2017 2,620 -10.9% $49,510 +32.2%
2019 2,404 -8.2% $58,034 +17.2%
2021 2,297 -4.5% $62,432 +7.6%
2023 1,976 -14% $69,054 +10.6%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.