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Island Lake, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Island Lake.

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Community Insights

High Incomes
$98k/year
top 18% nationally
Leading Industries
Transportation · Wholesale Trade · Retail
5% transportation
Home Value Growth⬆⬆
+18.1% over 2 years
Young Adults
28% of residents
near the national average
Homeowners
86% of occupied units

People & Demographics

Total Population7,789
Households
Under 18
21.0%
Age 18–34
28.0%
Age 35–64
36.0%
Age 65+
15.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$274,847
Median Gross Rent$1,756/mo
Owner Occupied
86.3%
Renter Occupied
13.7%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$98,365
Poverty Rate

Key Industries

Healthcare9.0%
Professional Services1.0%
Manufacturing0.0%
Retail14.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities60 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
22.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Island Lake?

The total population of Island Lake is approximately 7,789. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Island Lake walkable and transit-friendly?

Based on local geographic data, Island Lake has an amenity and walkability score of 60/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Island Lake?

The housing market in Island Lake is predominantly driven by homeowners, with 86% of housing units being owner-occupied and 14% being renter-occupied.

What is the education level of residents in Island Lake?

In Island Lake, approximately 22% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.