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Lanark, IL

Full City Profile · Illinois · Carroll County County

3.0 /5.0
B Good
1,510 Population 1,348/sq mi density
$66,250 Median Income $33,489 per capita
$97,100 Home Value $306,340 Zillow
$781 Median Rent 24.0% income on rent
49°F Avg Temperature 246 sunny days/yr
76 Violent Crime/100K 455 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$66,250 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$97,100 home value, $781/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Income Overview

Median Household Income
$66,250
12% below
US avg: $75,149
Per Capita Income
$33,489
14% below
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
10.4%
16% below
US avg: 12.4%

Income Comparison: Lanark vs. U.S. Average

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

Median Household
US: $75,149
$66,250
88%
Per Capita
US: $39,052
$33,489
86%
IRS Avg AGI
US: $72,000
$68,658
95%
Avg Weekly Wage
US: $1,432
$903
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$903
37% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
2.9%
81% below US avg (15.2%)
Drive Alone
88.5%
21% above US avg (73.2%)
Public Transit
0.8%
85% below US avg (5.0%)
County GDP
$761M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 88.5%
Public Transit 0.8%
Work From Home 2.9%
Other 7.8%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
405
Restaurants
41
Healthcare
25
Retail
54
Manufacturing
19

Tax & Financial

IRS Avg Adjusted Gross Income
$68,658
5% below US avg ($72,000)
Avg Property Tax
$5,595
60% 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$66,250
Per Capita Income$33,489
IRS Avg Adjusted Gross Income$68,658
Avg Weekly Wage$903
County GDP$761M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate10.4%
Gini Coefficient0.415
Cost of Living Index100.0

Commute

Mean Commute25 minutes
Drive Alone88.5%
Public Transit0.8%
Work From Home2.9%

Businesses

Total Establishments405
Restaurants41
Healthcare25
Retail54
Manufacturing19

Tax

IRS Avg AGI$68,658
Avg Property Tax$5,595