Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lake of the Woods, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake of the Woods.

← Back to Lake of the Woods Hub

Community Insights

Highly Educated
30% bachelor's · 16% graduate
top 9% nationally
Veteran Community
10% of residents
top 14% nationally
Leading Industries
Public Administration · Finance & Insurance · Information & Media
46% public administration
Home Value Growth⬆
+3.0% over 2 years
Family-Friendly
32% of residents
top 2% nationally
Homeowners
78% of occupied units

People & Demographics

Total Population2,453
Households—
Under 18
32.0%
Age 18–34
20.0%
Age 35–64
34.0%
Age 65+
15.0%
Veterans
10.0%
Active Duty
0.0%

Housing & Living

Median Home Value$293,600
Median Gross Rent$1,541/mo
Owner Occupied
78.1%
Renter Occupied
21.9%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$100,694
Poverty Rate—

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing0.0%
Retail7.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
—
Bachelor's Degree
30.0%
Master's or Higher
16.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lake of the Woods?›

The total population of Lake of the Woods is approximately 2,453. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake of the Woods walkable and transit-friendly?›

Based on local geographic data, Lake of the Woods 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 Lake of the Woods?›

The housing market in Lake of the Woods is predominantly driven by homeowners, with 78% of housing units being owner-occupied and 22% being renter-occupied.

What is the education level of residents in Lake of the Woods?›

In Lake of the Woods, approximately 30% of adult residents hold a bachelor's degree or higher. Additionally, 16% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.