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Lake Villa, IL

Full City Profile · Illinois · McHenry County County

3.9 /5.0
B+ Good
8,707 Population 1,333/sq mi density
$111,110 Median Income $49,496 per capita
$325,900 Home Value $365,056 Zillow
$1,430 Median Rent 28.4% income on rent
49°F Avg Temperature 260 sunny days/yr
58 Violent Crime/100K 475 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$111,110 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$325,900 home value, $1,430/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher

Income Overview

Median Household Income
$111,110
48% above
US avg: $75,149
Per Capita Income
$49,496
27% above
US avg: $39,052
Unemployment Rate
4.2%
17% above
US avg: 3.6%
Poverty Rate
2.9%
77% below
US avg: 12.4%

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

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

Median Household
US: $75,149
$111,110
148%
Per Capita
US: $39,052
$49,496
127%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
33 min
18% above US avg (28 min)
Work From Home
16.4%
8% above US avg (15.2%)
Drive Alone
76.1%
4% above US avg (73.2%)
Public Transit
1.2%
76% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.1%
Public Transit 1.2%
Work From Home 16.4%
Other 6.3%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432

Tax & Financial

IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% 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$111,110
Per Capita Income$49,496
IRS Avg Adjusted Gross Income$93,804
Avg Weekly Wage$1,060
County GDP$15,983M

Hardship Indicators

Unemployment Rate4.2%
Poverty Rate2.9%
Gini Coefficient0.411
Cost of Living Index100.0

Commute

Mean Commute33 minutes
Drive Alone76.1%
Public Transit1.2%
Work From Home16.4%

Businesses

Total Establishments7,928
Restaurants645
Healthcare846
Retail816
Manufacturing432

Tax

IRS Avg AGI$93,804
Avg Property Tax$8,712