CensusEasy
CITY

Lake Carroll

Illinois · 853 residents · 13.546 sq mi
Time machine
VIEWING
COMPARE TO
Compare
The short version

Lake Carroll is significantly wealthier than the US average, with a median household income of $108,750. Population has held roughly steady since 2023. Median home value is $348,500. With a median age of 63.2, the population is older than the US median of 38.9. Poverty is rare here, at 5.5% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 63.2
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
853
+12%since 2023
from 763 in 2023
2020 – 2024
Population density
63 / sq mi
+12%since 2023
from 56 / sq mi in 2023
US average: 281
Median age
63.2
+4%since 2023
from 60.6 in 2023
US average: 38.9
Population, 2020 – 2024
66971977082087020202024Lake Carroll
2024853
20202024
Section 02

Income & economy

Median household income
$108,750
+4%inflation adjusted, since 2023
from $101,250 in 2023
US average: $82,259
2020 – 2024
Per capita income
$59,904
+12%since 2023
from $53,714 in 2023
US average: $44,673
Households earning $100K+
68.4%
−3.9 ptssince 2023
from 72.3% in 2023
US average: 53.3%
Poverty rate
5.5%
+2.4 ptssince 2023
from 3.1% in 2023
US average: 12.5%
Income inequality (Gini)
0.457
+8%since 2023
from 0.425 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade18.5%
US avg: 9.9%
Other services13%
US avg: 6.7%
Public administration13%
US avg: 4.8%
Information11.4%
US avg: 10.8%
Wholesale trade9.4%
US avg: 6.9%
Agriculture, forestry, fishing8.7%
US avg: 1.6%
Construction8.7%
US avg: 1.2%
Finance & insurance5.1%
US avg: 5.9%
Professional, scientific, technical5.1%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$348,500
+6%inflation adjusted, since 2023
from $317,900 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
99.4%
+0.1 ptssince 2023
from 99.3% in 2023
0.6% rent
Vacancy rate
61.9%
−8.0 ptssince 2023
from 69.9% in 2023
US average: 10.0%
Owner cost-burdened
29.1%
−0.3 ptssince 2023
from 29.4% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
3.2
+2%since 2023
from 3.1 in 2023
2020 – 2024
RELATED:See current rent listings in Lake Carroll on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic99.3%(758)
Black0.4%(3)
Hispanic / Latino0%(0)
Asian0%(0)
Other0.3%(2)
Diversity Score1.6%(12)
2024
White, non-Hispanic99.8%(851)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0.2%(2)
Diversity Score0.6%(5)
Diversity Score
1
−64%since 2023
from 2 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
41.4%
+4.5 ptssince 2023
from 36.9% in 2023
US average: 35.6%
High school or higher
95.2%
+0.9 ptssince 2023
from 94.3% in 2023
US average: 89.6%
Graduate degree
10.3%
+1.5 ptssince 2023
from 8.8% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.5 min
+5%since 2023
from 28.2 min in 2023
US average: 26.5
Drive alone to work
82.3%
+2.1 ptssince 2023
from 80.2% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
11.0%
+1.3 ptssince 2023
from 9.7% in 2023
US average: 15.0%
Walked to work
6.7%
−3.4 ptssince 2023
from 10.1% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
34.2%
−0.4 ptssince 2023
from 34.6% in 2023
US average: 63.5%
Self-employed
9.8%
+2.9 ptssince 2023
from 6.9% in 2023
US average: 13.1%
Management & professional
45.3%
+7.9 ptssince 2023
from 37.3% in 2023
US average: 42.5%
Section 08

People & community

Male
43.1%
−2.7 ptssince 2023
from 45.9% in 2023
Female
56.9%
+2.7 ptssince 2023
from 54.1% in 2023
Foreign born
1.2%
+1.2 ptssince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
10.1%
−0.9 ptssince 2023
from 11.0% in 2023
US average: 6.2%
With a disability
7.6%
+2.9 ptssince 2023
from 4.7% in 2023
US average: 13.3%
Uninsured
9.7%
−1.3 ptssince 2023
from 11.0% in 2023
US average: 8.4%
Broadband at home
85.7%
+1.0 ptssince 2023
from 84.7% in 2023
US average: 91.0%
English only at home
89.4%
−0.5 ptssince 2023
from 89.9% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Lake Carroll

Southport
Pop 873
Shalimar
Pop 758
Chokoloskee
Pop 808
Chumuckla
Pop 681
Places similar to Lake Carroll
Head to head

Compare Lake Carroll to nearby cities

LAKE CARROLL VS
Freeport
Income$51,723−52%
Home value$92,100−74%
Population23,202+2620%
SEE FULL COMPARISON →
LAKE CARROLL VS
Sterling
Income$57,350−47%
Home value$108,700−69%
Population14,394+1587%
SEE FULL COMPARISON →
LAKE CARROLL VS
Rock Falls
Income$49,600−54%
Home value$83,900−76%
Population8,521+899%
SEE FULL COMPARISON →
LAKE CARROLL VS
Clinton
Income$60,230−45%
Home value$118,200−66%
Population24,049+2719%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Carroll, Illinois?

Lake Carroll, Illinois has about 853 residents according to the 2024 American Community Survey.

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

The typical household in Lake Carroll, Illinois earns about $108,750 a year. Half of households make more than that, and half make less.

Is Lake Carroll, Illinois expensive?

In Lake Carroll, Illinois, the median home is worth about $348,500.

How educated are people in Lake Carroll, Illinois?

About 41.4% of adults age 25 and over in Lake Carroll, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Lake Carroll, Illinois?

About 5.5% of people in Lake Carroll, Illinois live below the federal poverty line.

Keep going

Explore from here

Up the hierarchy
Illinois
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Lake Carroll with another place

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

How we source and harmonize this data →