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Lake Summerset, IL

Full City Profile · Illinois · Winnebago County County

4.3 /5.0
A Great
2,240 Population 1,057/sq mi density
$105,588 Median Income $43,625 per capita
$226,700 Home Value $259,436 Zillow
$1,206 Median Rent 36.9% income on rent
49°F Avg Temperature 260 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.5 / 5.0
$105,588 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$226,700 home value, $1,206/mo rent
B
Education
3.4 / 5.0
29.5% bachelor's degree or higher

Income Overview

Median Household Income
$105,588
41% above
US avg: $75,149
Per Capita Income
$43,625
12% above
US avg: $39,052
Unemployment Rate
5.2%
44% above
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%

Income Comparison: Lake Summerset vs. U.S. Average

Each bar shows Lake Summerset’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$105,588
141%
Per Capita
US: $39,052
$43,625
112%
IRS Avg AGI
US: $72,000
$65,398
91%
Avg Weekly Wage
US: $1,432
$1,142
80%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,142
20% below US avg ($1,432)
Mean Commute Time
38 min
36% above US avg (28 min)
Work From Home
11.5%
24% below US avg (15.2%)
Drive Alone
82.0%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$18,798M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82%
Public Transit 0%
Work From Home 11.5%
Other 6.5%
Average commute time
38 minutes
US avg: 28 min

Business Landscape

Total Establishments
5,870
Restaurants
623
Healthcare
668
Retail
907
Manufacturing
521

Tax & Financial

IRS Avg Adjusted Gross Income
$65,398
9% below US avg ($72,000)
Avg Property Tax
$6,763
93% 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$105,588
Per Capita Income$43,625
IRS Avg Adjusted Gross Income$65,398
Avg Weekly Wage$1,142
County GDP$18,798M

Hardship Indicators

Unemployment Rate5.2%
Poverty Rate4.3%
Gini Coefficient0.452
Cost of Living Index100.0

Commute

Mean Commute38 minutes
Drive Alone82.0%
Public Transit0.0%
Work From Home11.5%

Businesses

Total Establishments5,870
Restaurants623
Healthcare668
Retail907
Manufacturing521

Tax

IRS Avg AGI$65,398
Avg Property Tax$6,763