All Countries
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
Income Overview
Median Household Income
$150,893
101% above
US avg: $75,149
Per Capita Income
$68,252
75% above
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Third Lake vs. U.S. Average
Each bar shows Third Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$150,893
201%
Per Capita
US: $39,052
$68,252
175%
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
30 min
7% above US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
75.6%
3% above US avg (73.2%)
Public Transit
1.7%
66% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.6%
Public Transit
1.7%
Work From Home
13.4%
Other
9.3%
Average commute time
30 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 | $150,893 |
| Per Capita Income | $68,252 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 1.7% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 75.6% |
| Public Transit | 1.7% |
| Work From Home | 13.4% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |