Lake Villa, IL

Full City Profile · Illinois · McHenry County County

3.8 /5.0
B+ Good
8,707 Population 1,333/sq mi density
$111,110 Median Income $49,496 per capita
$325,900 Home Value $385,687 Zillow
$1,430 Median Rent 28.4% income on rent
49°F Avg Temperature
116 Violent Crime/100K 500 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$111,110 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$325,900 home value, $1,430/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher

Lake Villa, IL

At a Glance

Median Income
$111,110
48% above
$49,496 per capita
Home Value
$325,900
16% above
Zillow: $385,687
Median Rent
$1,430/mo
23% above
28.4% of income on rent
Violent Crime
116/100K
69% below
500/100K property
Bachelor's Degree+
48.6%
44% above
95.4% high school+
Unemployment
6.4%
78% above
2.9% poverty rate
Obesity Rate
33.2%
3% above
12.1% smoking rate
Avg Temperature
49°F

How Lake Villa Compares to the U.S. Average

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

Income
148%
Home Value
116%
Rent
123%
Poverty
23%
Bachelor's
144%
Unemployment
178%
Crime
31%
Thin vertical line = U.S. national average (100%)

Is Lake Villa a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Villa residents earn a median household income of $111,110 , which is 48% above the national average of $75,149. Per capita income is $49,496. The unemployment rate stands at 6.4% (78% above the U.S. rate of 3.6%). 2.9% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.

Housing & Cost of Living

The median home value in Lake Villa is $325,900 , 16% above the national median of $281,900. Zillow estimates the typical home at $385,687. Median rent is $1,430/month, with 28.4% 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 1996.

Safety & Crime

Lake Villa reports 116 violent crimes per 100,000 residents , which is 69% below the national average of 380/100K. Property crime is 500/100K.

Education

48.6% of adults in Lake Villa hold a bachelor's degree or higher (44% above the national average). 95.4% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Lake Villa has an average annual temperature of 49°F (9°C). Winters average 22°F in January while summers reach 73°F in July. Annual precipitation totals 37.8 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population8,707
Median Age40.3 yrs
Density1,333/mi²
Male / Female50% / 50%
Foreign Born12.6%
Veterans4.6%

Economy

A
Median Income$111,110
Per Capita$49,496
Unemployment6.4%
Poverty2.9%
County GDP$15,983M
Avg Weekly Wage$1,060

Housing

A+
Home Value$325,900
Rent$1,430
Ownership70.0%
Zillow$385,687
Housing Units3,136
Rent Burden28.4%

Crime

F
Violent116/100K
Property500/100K

Health

Obesity33.2%
Diabetes9.3%
Smoking12.1%
Heart Disease4.8%
Premature Death5,730/100K

Climate

Avg Temp49°F
Rain37.8 in/yr
AQI43 (Good)
Elevation786 ft

Education

A+
Bachelor's+48.6%
High School+95.4%
Graduate+19.9%
School Score6.2/10

Community

2024 VoteR 52% / D 47%
Commute33 min
Broadband97.1%
Internet Speed124 Mbps
EV Stations3
Libraries13

Did You Know?

Lake Villa was founded in 1901.
The median home in Lake Villa was built in 1996.
16.4% work from home.
The nearest airport is Kenosha Regional (15 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.9% of the population has a disability.
12.6% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 645 restaurants in the area.
The county recorded 18 fatal vehicle crashes.