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Third Lake, IL

Full City Profile · Illinois · McHenry County County

4.0 /5.0
A Great
1,203 Population 2,039/sq mi density
$150,893 Median Income $68,252 per capita
$329,500 Home Value $404,725 Zillow
49°F Avg Temperature 260 sunny days/yr
123 Violent Crime/100K 1,287 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$150,893 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$329,500 home value, /mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
A+
Education
5.0 / 5.0
70.9% bachelor's degree or higher

Third Lake, IL

At a Glance

Median Income
$150,893
101% above
$68,252 per capita
Home Value
$329,500
17% above
Zillow: $404,725
Violent Crime
123/100K
68% below
1,287/100K property
Bachelor's Degree+
70.9%
110% above
99.6% high school+
Unemployment
1.7%
53% below
0.0% poverty rate
Obesity Rate
30.3%
6% below
8.4% smoking rate
Avg Temperature
49°F
260 sunny days/yr

How Third Lake Compares to the U.S. Average

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

Income
201%
Home Value
117%
Poverty
0%
Bachelor's
210%
Unemployment
47%
Crime
32%
Thin vertical line = U.S. national average (100%)

Is Third Lake a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Third Lake residents earn a median household income of $150,893 , which is 101% above the national average of $75,149. Per capita income is $68,252. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 0.0% 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 Third Lake is $329,500 , 17% above the national median of $281,900. Zillow estimates the typical home at $404,725. The cost of living index is 100.0 (100 = national average). The median home was built in 1985.

Safety & Crime

Third Lake reports 123 violent crimes per 100,000 residents , which is 68% below the national average of 380/100K. Property crime is 1,287/100K.

Education

70.9% of adults in Third Lake hold a bachelor's degree or higher (110% above the national average). 99.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Third Lake has an average annual temperature of 49°F (9°C). Winters average 22°F in January while summers reach 73°F in July. The area gets 260 sunny days per year. Annual precipitation totals 37.8 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population1,203
Median Age50.1 yrs
Density2,039/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans6.0%

Economy

A+
Median Income$150,893
Per Capita$68,252
Unemployment1.7%
Poverty0.0%
County GDP$15,983M
Avg Weekly Wage$1,060

Housing

A+
Home Value$329,500
Rent
Ownership99.2%
Zillow$404,725
Housing Units470
Rent Burden30.3%

Crime

F
Violent123/100K
Property1,287/100K

Health

Obesity30.3%
Diabetes7.4%
Smoking8.4%
Heart Disease4.1%
Premature Death5,730/100K

Climate

Avg Temp49°F
Sunny Days260/yr
Rain37.8 in/yr
AQI43 (Good)
Elevation766 ft

Education

A+
Bachelor's+70.9%
High School+99.6%
Graduate+35.6%
School Score6.2/10

Community

2024 VoteR 52% / D 47%
Commute30 min
Broadband98.2%
Internet Speed124 Mbps
EV Stations2
Libraries13

Did You Know?

The median home in Third Lake was built in 1985.
The nearest airport is Kenosha Regional (16 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
7.6% of the population has a disability.
13.6% 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.