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CITY

Channel Lake

Illinois · 2,052 residents · 1.804 sq mi
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The short version

Channel Lake has lower-than-average household income, with a median household income of $68,250. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $223,000. The poverty rate of 23.1% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 39.4
US median: 38.9
Less educated
25% hold a bachelor's degree
US average: 36%
More affordable
home values down 13%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,052
+15%since 2000
from 1,785 in 2000
1990 – 2024
Population density
1,137 / sq mi
+15%since 2000
from 989 / sq mi in 2000
US average: 281
Median age
39.4
+4%since 2000
from 38.0 in 2000
US average: 38.9
Population, 1990 – 2024
1K1K2K2K2K1990201020202024Channel Lake
20242K
1990201020202024
Section 02

Income & economy

Median household income
$68,250
−27%inflation adjusted, since 2000
from $51,384 in 2000
US average: $82,259
1990 – 2024
Per capita income
$34,597
+25%since 2000
from $27,772 in 2000
US average: $44,673
Households earning $100K+
44.8%
+0.7 ptssince 2009
from 44.1% in 2009
US average: 53.3%
Poverty rate
23.1%
+13.3 ptssince 2000
from 9.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.501
+14%since 2010
from 0.439 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade18.7%
US avg: 6.9%
Information16.2%
US avg: 10.8%
Retail trade12.7%
US avg: 9.9%
Finance & insurance9.9%
US avg: 5.9%
Professional, scientific, technical9.9%
US avg: 5.1%
Agriculture, forestry, fishing7.6%
US avg: 1.6%
Manufacturing5.4%
US avg: 0.4%
Other services3%
US avg: 6.7%
Public administration3%
US avg: 4.8%
Construction2.3%
US avg: 1.2%
Transportation & warehousing1.5%
US avg: 2.2%
Arts, entertainment, food1%
US avg: 1.9%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$223,000
−13%inflation adjusted, since 2000
from $141,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,584
+37%inflation adjusted, since 2000
from $637 in 2000
US average: $1,442
Owner-occupied
81.2%
+0.3 ptssince 2000
from 80.9% in 2000
18.8% rent
Vacancy rate
10.3%
−11.8 ptssince 2009
from 22.0% in 2009
US average: 10.0%
Owner cost-burdened
21.7%
−10.3 ptssince 2009
from 32.0% in 2009
US average: 22.9%
Renter cost-burdened
75.3%
+44.8 ptssince 2009
from 30.5% in 2009
US average: 47.4%
Afford Score
3.3
+19%since 2000
from 2.7 in 2000
1990 – 2024
Gentrification Score
17
RELATED:See current rent listings in Channel Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.2%(1,699)
Black0.2%(4)
Hispanic / Latino1.8%(33)
Asian0.5%(9)
Other0%
Diversity Score6.5%(115)
2024
White, non-Hispanic84.4%(1,731)
Black0%(0)
Hispanic / Latino8%(164)
Asian0%(0)
Other7.7%(157)
Diversity Score34.5%(708)
Diversity Score
35
+435%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.8%
+5.8 ptssince 2000
from 19.0% in 2000
US average: 35.6%
High school or higher
96.7%
+14.2 ptssince 2000
from 82.5% in 2000
US average: 89.6%
Graduate degree
4.2%
+0.7 ptssince 2000
from 3.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.8 min
−26%since 2000
from 36.5 min in 2000
US average: 26.5
Drive alone to work
72.5%
−8.3 ptssince 2009
from 80.9% in 2009
US average: 68.9%
Carpooled to work
3.4%
−3.0 ptssince 2009
from 6.4% in 2009
US average: 8.5%
Public transit
0.0%
−1.5 ptssince 2009
from 1.5% in 2009
US average: 3.2%
Worked from home
23.1%
+13.1 ptssince 2009
from 10.0% in 2009
US average: 15.0%
Walked to work
1.1%
−0.2 ptssince 2009
from 1.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.4%
−0.3 ptssince 2009
from 2.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.3%
−4.9 ptssince 2011
from 10.2% in 2011
US average: 5.2%
Labor force participation
59.8%
+0.8 ptssince 2011
from 59.0% in 2011
US average: 63.5%
Self-employed
4.7%
+1.0 ptssince 2009
from 3.7% in 2009
US average: 13.1%
Management & professional
25.6%
−28.5 ptssince 2009
from 54.0% in 2009
US average: 42.5%
Section 08

People & community

Male
52.3%
−0.6 ptssince 2009
from 52.9% in 2009
Female
47.7%
+0.6 ptssince 2009
from 47.1% in 2009
Foreign born
2.2%
+1.8 ptssince 2009
from 0.4% in 2009
US average: 14.1%
Veterans
4.5%
−50.4 ptssince 2009
from 54.9% in 2009
US average: 6.2%
With a disability
16.8%
+3.2 ptssince 2012
from 13.6% in 2012
US average: 13.3%
Uninsured
1.5%
−89.7 ptssince 2013
from 91.2% in 2013
US average: 8.4%
Broadband at home
90.2%
+16.2 ptssince 2017
from 74.0% in 2017
US average: 91.0%
English only at home
95.3%
+4.5 ptssince 2016
from 90.9% in 2016
US average: 77.7%
Spanish at home
4.4%
−1.0 ptssince 2016
from 5.4% in 2016
US average: 13.6%
Drill deeper

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Compare Channel Lake to nearby cities

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Income$94,819+39%
Home value$316,100+42%
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CHANNEL LAKE VS
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CHANNEL LAKE VS
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CHANNEL LAKE VS
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Home value$351,700+58%
Population8,692+324%
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Frequently asked

How many people live in Channel Lake, Illinois?

Channel Lake, Illinois has about 2,052 residents according to the 2024 American Community Survey.

What is the median household income in Channel Lake, Illinois?

The typical household in Channel Lake, Illinois earns about $68,250 a year. Half of households make more than that, and half make less.

Is Channel Lake, Illinois expensive?

In Channel Lake, Illinois, the median home is worth about $223,000, and the typical rent is about $1,584 a month.

How educated are people in Channel Lake, Illinois?

About 24.8% of adults age 25 and over in Channel Lake, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Channel Lake, Illinois?

About 23.1% of people in Channel Lake, Illinois live below the federal poverty line.

Has Channel Lake, Illinois grown since 1990?

Yes, Channel Lake, Illinois has grown since 1990. The population has added about 323 residents, a change of about 19 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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