Lakewood Shores, IL
Full City Profile · Illinois · Grundy County County
Lakewood Shores, IL
At a Glance
How Lakewood Shores Compares to the U.S. Average
Each bar shows Lakewood Shores's value as a percentage of the national average (100% = U.S. avg)
Is Lakewood Shores a Good Place to Live?
Economy & Jobs
Lakewood Shores residents earn a median household income of $76,500 , which is 2% above the national average of $75,149. Per capita income is $34,052. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,204 business establishments, including 130 restaurants.
Housing & Cost of Living
The median home value in Lakewood Shores is $181,300 , 36% below the national median of $281,900. Zillow estimates the typical home at $274,245. Median rent is $1,339/month, with 33.5% 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 1963.
Education
8.5% of adults in Lakewood Shores hold a bachelor's degree or higher (75% below the national average). 96.1% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lakewood Shores has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 75°F in July. Annual precipitation totals 37.2 inches.