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 Rate | 4.2% |
| Poverty Rate | 2.9% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 76.1% |
| Public Transit | 1.2% |
| Work From Home | 16.4% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |
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