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CITY · 2020 ACS

Channel Lake

Illinois · 1,581 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 $51,875. Population has declined 11% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $171,700. With a median age of 47.1, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 47.1
US median: 38.8
Less educated
20% hold a bachelor's degree
US average: 33%
More affordable
home values down 19%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,581
−11%since 2000
from 1,785 in 2000
1990 – 2024
Population density
876 / sq mi
−11%since 2000
from 989 / sq mi in 2000
US average: 280
Median age
47.1
+24%since 2000
from 38.0 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K2K2K2K1990201020202024Channel Lake
20242K
1990201020202024
Section 02

Income & economy

Median household income
$51,875
−33%inflation adjusted, since 2000
from $51,384 in 2000
US average: $66,278
1990 – 2024
Per capita income
$33,467
+21%since 2000
from $27,772 in 2000
US average: $35,364
Households earning $100K+
36.2%
−8.0 ptssince 2009
from 44.1% in 2009
US average: 43.9%
Poverty rate
21.1%
+11.2 ptssince 2000
from 9.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information21.8%
US avg: 11.1%
Wholesale trade17.4%
US avg: 6.7%
Retail trade15.3%
US avg: 10%
Finance & insurance5.8%
US avg: 5.5%
Professional, scientific, technical4.2%
US avg: 4.7%
Transportation & warehousing2.8%
US avg: 2.5%
Other services2.2%
US avg: 6.6%
Public administration2.2%
US avg: 4.7%
Agriculture, forestry, fishing1.9%
US avg: 1.7%
Construction1.9%
US avg: 1.2%
Education & health services1.6%
US avg: 0.8%
Arts, entertainment, food0.2%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$171,700
−19%inflation adjusted, since 2000
from $141,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,308
+37%inflation adjusted, since 2000
from $637 in 2000
US average: $1,124
Owner-occupied
76.4%
−4.5 ptssince 2000
from 80.9% in 2000
23.6% rent
Afford Score
3.3
+21%since 2000
from 2.7 in 2000
1990 – 2024
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)
2020
White, non-Hispanic87.7%(1,387)
Black0.4%(6)
Hispanic / Latino7.7%(121)
Asian0.2%(3)
Other5.7%(90)
Diversity Score30.8%(487)
Diversity Score
31
+378%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.1%
+1.1 ptssince 2000
from 19.0% in 2000
US average: 32.9%
High school or higher
92.1%
+9.6 ptssince 2000
from 82.5% in 2000
US average: 88.5%
Graduate degree
6.5%
+3.0 ptssince 2000
from 3.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
39.1 min
+7%since 2000
from 36.5 min in 2000
US average: 26.9
Drive alone to work
78.4%
−2.4 ptssince 2009
from 80.9% in 2009
US average: 75.1%
No vehicle available
4.1%
+1.4 ptssince 2009
from 2.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.5%
−4.7 ptssince 2011
from 10.2% in 2011
US average: 5.4%
Labor force participation
61.4%
+2.4 ptssince 2011
from 59.0% in 2011
US average: 63.4%
Management & professional
33.3%
−20.8 ptssince 2009
from 54.0% in 2009
US average: 39.3%
Section 08

People & community

Male
52.1%
−0.8 ptssince 2009
from 52.9% in 2009
Female
47.9%
+0.8 ptssince 2009
from 47.1% in 2009
Foreign born
2.9%
+2.6 ptssince 2009
from 0.4% in 2009
US average: 13.5%
Uninsured
9.9%
−81.3 ptssince 2013
from 91.2% in 2013
US average: 8.8%
Drill deeper

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Compare Channel Lake to nearby cities

CHANNEL LAKE VS
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Income$94,819+83%
Home value$316,100+84%
Population14,271+595%
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CHANNEL LAKE VS
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Income$108,899+110%
Home value$306,700+79%
Population15,000+631%
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CHANNEL LAKE VS
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Income$70,819+37%
Home value$228,100+33%
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CHANNEL LAKE VS
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Income$118,750+129%
Home value$351,700+105%
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Frequently asked

How many people live in Channel Lake, Illinois?

Channel Lake, Illinois has about 1,581 residents according to the 2020 American Community Survey.

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

The typical household in Channel Lake, Illinois earns about $51,875 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 $171,700, and the typical rent is about $1,308 a month.

How educated are people in Channel Lake, Illinois?

About 20.1% 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 21.1% of people in Channel Lake, Illinois live below the federal poverty line.

Has Channel Lake, Illinois grown since 1990?

Yes, Channel Lake, Illinois has shrunk since 1990. The population has lost about 148 residents, a change of about -9 percent over that period.

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

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