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CITY · 2020 ACS

Island Lake

Illinois · 8,051 residents · 3.349 sq mi
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The short version

Island Lake is wealthier than most US places, with a median household income of $83,970. Population has held roughly steady since 2000. Median home value is $184,900.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 41.3
US median: 38.8
Average education
28% hold a bachelor's degree
US average: 33%
More affordable
home values down 15%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
8,051
−1%since 2000
from 8,153 in 2000
1990 – 2025
Population density
2,404 / sq mi
−1%since 2000
from 2,434 / sq mi in 2000
US average: 280
Median age
41.3
+28%since 2000
from 32.2 in 2000
US average: 38.8
Population, 1990 – 2024
4K5K6K8K9K1990201020202024Island Lake
20248K
1990201020202024
Section 02

Income & economy

Median household income
$83,970
−12%inflation adjusted, since 2000
from $63,455 in 2000
US average: $66,278
1990 – 2024
Per capita income
$35,714
+48%since 2000
from $24,206 in 2000
US average: $35,364
Households earning $100K+
59.6%
+10.9 ptssince 2009
from 48.7% in 2009
US average: 43.9%
Poverty rate
8.5%
+5.9 ptssince 2000
from 2.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade17.9%
US avg: 10%
Information11.3%
US avg: 11.1%
Wholesale trade11%
US avg: 6.7%
Other services7.8%
US avg: 6.6%
Public administration5.4%
US avg: 4.7%
Finance & insurance5.2%
US avg: 5.5%
Professional, scientific, technical3.9%
US avg: 4.7%
Transportation & warehousing3.5%
US avg: 2.5%
Arts, entertainment, food1.4%
US avg: 2%
Education & health services1.3%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$184,900
−15%inflation adjusted, since 2000
from $145,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,576
+12%inflation adjusted, since 2000
from $934 in 2000
US average: $1,124
Owner-occupied
83.4%
−8.0 ptssince 2000
from 91.4% in 2000
16.6% rent
Afford Score
2.2
−4%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Island Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.7%(7,233)
Black0.5%(40)
Hispanic / Latino8.3%(679)
Asian1.6%(132)
Other0%
Diversity Score24%(1,958)
2020
White, non-Hispanic76.2%(6,137)
Black1.2%(96)
Hispanic / Latino16.5%(1,328)
Asian2%(159)
Other1.1%(89)
Diversity Score44.1%(3,551)
Diversity Score
44
+84%since 2000
from 24 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
28.0%
+4.5 ptssince 2000
from 23.6% in 2000
US average: 32.9%
High school or higher
93.5%
+3.9 ptssince 2000
from 89.6% in 2000
US average: 88.5%
Graduate degree
6.6%
+1.5 ptssince 2000
from 5.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
35.0 min
+21%since 2000
from 28.9 min in 2000
US average: 26.9
Drive alone to work
81.9%
−3.0 ptssince 2009
from 84.9% in 2009
US average: 75.1%
No vehicle available
1.6%
−0.4 ptssince 2009
from 2.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.0%
−4.5 ptssince 2011
from 8.6% in 2011
US average: 5.4%
Labor force participation
70.0%
−7.6 ptssince 2011
from 77.7% in 2011
US average: 63.4%
Management & professional
34.6%
−22.5 ptssince 2009
from 57.2% in 2009
US average: 39.3%
Section 08

People & community

Male
49.3%
+2.3 ptssince 2009
from 47.1% in 2009
Female
50.7%
−2.3 ptssince 2009
from 52.9% in 2009
Foreign born
11.8%
+1.3 ptssince 2009
from 10.5% in 2009
US average: 13.5%
Uninsured
4.8%
−82.8 ptssince 2013
from 87.6% in 2013
US average: 8.8%
Drill deeper

Places similar to Island Lake

Ave Maria
Pop 8,258
Belle Isle
Pop 7,688
McGregor
Pop 8,490
Miramar Beach
Pop 8,902
Places similar to Island Lake
Head to head

Compare Island Lake to nearby cities

ISLAND LAKE VS
Wauconda
Income$111,239+32%
Home value$278,600+51%
Population13,993+74%
SEE FULL COMPARISON →
ISLAND LAKE VS
Cary
Income$113,026+35%
Home value$309,800+68%
Population17,932+123%
SEE FULL COMPARISON →
ISLAND LAKE VS
McHenry
Income$86,315+3%
Home value$266,500+44%
Population29,217+263%
SEE FULL COMPARISON →
ISLAND LAKE VS
Round Lake
Income$111,977+33%
Home value$278,600+51%
Population18,526+130%
SEE FULL COMPARISON →
Frequently asked

How many people live in Island Lake, Illinois?

Island Lake, Illinois has about 8,051 residents according to the 2020 American Community Survey.

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

The typical household in Island Lake, Illinois earns about $83,970 a year. Half of households make more than that, and half make less.

Is Island Lake, Illinois expensive?

In Island Lake, Illinois, the median home is worth about $184,900, and the typical rent is about $1,576 a month.

How educated are people in Island Lake, Illinois?

About 28.0% of adults age 25 and over in Island Lake, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Island Lake, Illinois?

About 8.5% of people in Island Lake, Illinois live below the federal poverty line.

Has Island Lake, Illinois grown since 1990?

Yes, Island Lake, Illinois has grown since 1990. The population has added about 3,581 residents, a change of about 80 percent over that period.

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

How we source and harmonize this data →