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CITY · 2010 ACS

Lake of the Woods

Illinois · 2,912 residents · 1.682 sq mi
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The short version

Lake of the Woods has lower-than-average household income, with a median household income of $39,730. Population has declined 4% since 2000. Median home value has risen by half since 2000, reaching $85,400. Households here earn about 29% less than the Illinois median.

At a glance
Lower income
below the US median
US median: $52,703
Mid-age
median age 36.2
US median: 37.2
Average education
30% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
2,912
−4%since 2000
from 3,026 in 2000
1990 – 2024
Population density
1,731 / sq mi
−4%since 2000
from 1,799 / sq mi in 2000
US average: 261
Median age
36.2
+14%since 2000
from 31.8 in 2000
US average: 37.2
Population, 1990 – 2024
2K2K3K3K3K1990201020202024Lake of the Woods
20242K
1990201020202024
Section 02

Income & economy

Median household income
$39,730
−26%inflation adjusted, since 2000
from $42,571 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,024
+5%since 2000
from $19,938 in 2000
US average: $27,286
Households earning $100K+
20.9%
−0.1 ptssince 2009
from 21.0% in 2009
US average: 33.3%
Poverty rate
15.2%
+6.5 ptssince 2000
from 8.7% in 2000
US average: 13.8%
Income inequality (Gini)
0.427
US average: 0.461
Workforce by industry, 2010
Information27.7%
US avg: 11.5%
Retail trade9.3%
US avg: 10.9%
Wholesale trade8.9%
US avg: 7.2%
Other services4.5%
US avg: 7%
Finance & insurance2.1%
US avg: 5.1%
Agriculture, forestry, fishing1.8%
US avg: 1.9%
Construction1.8%
US avg: 1.4%
Professional, scientific, technical1.3%
US avg: 4.2%
Public administration1.2%
US avg: 4.9%
Arts, entertainment, food1.1%
US avg: 2.4%
Education & health services0.8%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 3.1%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$85,400
+25%inflation adjusted, since 2000
from $54,100 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$675
−1%inflation adjusted, since 2000
from $536 in 2000
US average: $853
Owner-occupied
46.1%
−36.8 ptssince 2000
from 82.9% in 2000
24.8% rent
Vacancy rate
4.9%
−1.4 ptssince 2009
from 6.3% in 2009
US average: 12.1%
Owner cost-burdened
26.8%
+5.5 ptssince 2009
from 21.3% in 2009
US average: 30.9%
Renter cost-burdened
49.4%
+10.5 ptssince 2009
from 38.9% in 2009
US average: 46.8%
Afford Score
2.1
+69%since 2000
from 1.3 in 2000
1990 – 2024
RELATED:See current rent listings in Lake of the Woods on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.9%(2,931)
Black0.8%(24)
Hispanic / Latino0.8%(23)
Asian0.1%(3)
Other0%
Diversity Score4.1%(125)
2010
White, non-Hispanic93.5%(2,723)
Black0.8%(24)
Hispanic / Latino2.7%(78)
Asian0.4%(13)
Other5.4%(156)
Diversity Score21.2%(616)
Diversity Score
21
+411%since 2000
from 4 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
29.7%
+4.8 ptssince 2000
from 24.9% in 2000
US average: 27.9%
High school or higher
94.6%
+2.2 ptssince 2000
from 92.4% in 2000
US average: 84.9%
Graduate degree
14.2%
+5.1 ptssince 2000
from 9.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
17.6 min
+52%since 2000
from 11.6 min in 2000
US average: 25.2
Drive alone to work
89.2%
−3.7 ptssince 2009
from 93.0% in 2009
US average: 76.2%
Carpooled to work
4.5%
+0.1 ptssince 2009
from 4.4% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
0.6%
−0.3 ptssince 2009
from 1.0% in 2009
US average: 4.1%
Walked to work
4.7%
+3.9 ptssince 2009
from 0.8% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
4.7%
−2.2 ptssince 2009
from 6.9% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
15.2%
+5.3 ptssince 2009
from 9.9% in 2009
US average: 12.9%
Management & professional
21.6%
−36.2 ptssince 2009
from 57.8% in 2009
US average: 35.2%
Section 08

People & community

Male
47.5%
−4.1 ptssince 2009
from 51.7% in 2009
Female
52.5%
+4.1 ptssince 2009
from 48.3% in 2009
Foreign born
2.6%
−1.1 ptssince 2009
from 3.8% in 2009
US average: 12.8%
Veterans
7.1%
−41.7 ptssince 2009
from 48.8% in 2009
US average: 9.9%
Drill deeper

Places similar to Lake of the Woods

Woodside East
Pop 2,274
Charlotte Park
Pop 1,966
Delmar
Pop 2,366
Belleair Bluffs
Pop 2,242
Places similar to Lake of the Woods
Head to head

Compare Lake of the Woods to nearby cities

LAKE OF THE WOODS VS
Mahomet
Income$118,586+198%
Home value$299,100+250%
Population10,516+403%
SEE FULL COMPARISON →
LAKE OF THE WOODS VS
Champaign
Income$56,118+41%
Home value$210,900+147%
Population91,195+4261%
SEE FULL COMPARISON →
LAKE OF THE WOODS VS
Urbana
Income$45,346+14%
Home value$184,900+117%
Population39,719+1800%
SEE FULL COMPARISON →
LAKE OF THE WOODS VS
Savoy
Income$91,966+131%
Home value$320,300+275%
Population9,113+336%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake of the Woods, Illinois?

Lake of the Woods, Illinois has about 2,912 residents according to the 2010 American Community Survey.

What is the median household income in Lake of the Woods, Illinois?

The typical household in Lake of the Woods, Illinois earns about $39,730 a year. Half of households make more than that, and half make less.

Is Lake of the Woods, Illinois expensive?

In Lake of the Woods, Illinois, the median home is worth about $85,400, and the typical rent is about $675 a month.

How educated are people in Lake of the Woods, Illinois?

About 29.7% of adults age 25 and over in Lake of the Woods, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Lake of the Woods, Illinois?

About 15.2% of people in Lake of the Woods, Illinois live below the federal poverty line.

Has Lake of the Woods, Illinois grown since 1990?

Yes, Lake of the Woods, Illinois has grown since 1990. The population has added about 207 residents, a change of about 8 percent over that period.

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

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