Island Lake, Illinois Population

Island Lake, Illinois has a population of 8,114, with a median household income of $88,450.

Current population data for Island Lake.

8,114

👥

Population

8,114

💰

Median Income

$88,450

📉

Unemployment

4.10%

🏠

Housing Price

$225,300

🚨

Crime Rate

13.80

🌐

Internet Speed

500.00 Mbps

Island Lake is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Island Lake, located in Illinois, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Island Lake has a population of 8,114, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Island Lake is $88,450, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Island Lake is about $225,300, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Island Lake is 4.10%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Island Lake are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Illinois, Island Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Island Lake continues to play a role in shaping regional trends in Illinois, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Island Lake

What is the population of Island Lake?

The population of Island Lake is approximately 8,114.

Is Island Lake a good place to live?

Island Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Island Lake?

The median household income in Island Lake is around $88,450.

How expensive is housing in Island Lake?

The average housing price in Island Lake is approximately $225,300.