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CITY · 2020 ACS

Lake Summerset

Illinois · 2,342 residents · 2.119 sq mi
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The short version

Lake Summerset is significantly wealthier than the US average, with a median household income of $91,538. Population has held roughly steady since 2000. Median home value is $168,600. With a median age of 53.7, the population is older than the US median of 38.8. Poverty is rare here, at 5.3% of residents. Households here earn about 34% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 53.7
US median: 38.8
Average education
31% hold a bachelor's degree
US average: 33%
More affordable
home values down 9%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,342
+14%since 2000
from 2,061 in 2000
1990 – 2024
Population density
1,105 / sq mi
+14%since 2000
from 973 / sq mi in 2000
US average: 280
Median age
53.7
+15%since 2000
from 46.6 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K2K2K2K1990201020202024Lake Summerset
20242K
1990201020202024
Section 02

Income & economy

Median household income
$91,538
+2%inflation adjusted, since 2000
from $59,648 in 2000
US average: $66,278
1990 – 2024
Per capita income
$40,447
+49%since 2000
from $27,160 in 2000
US average: $35,364
Households earning $100K+
57.5%
+15.3 ptssince 2009
from 42.2% in 2009
US average: 43.9%
Poverty rate
5.3%
+4.5 ptssince 2000
from 0.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.4%
US avg: 10%
Information11.3%
US avg: 11.1%
Wholesale trade8.2%
US avg: 6.7%
Other services7.5%
US avg: 6.6%
Public administration7.5%
US avg: 4.7%
Finance & insurance4.5%
US avg: 5.5%
Professional, scientific, technical4.5%
US avg: 4.7%
Agriculture, forestry, fishing1.2%
US avg: 1.7%
Construction1.2%
US avg: 1.2%
Arts, entertainment, food1.1%
US avg: 2%
Transportation & warehousing0.9%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$168,600
−9%inflation adjusted, since 2000
from $122,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$963
−14%inflation adjusted, since 2000
from $748 in 2000
US average: $1,124
Owner-occupied
93.2%
−3.3 ptssince 2000
from 96.6% in 2000
6.8% rent
Afford Score
1.8
−11%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Summerset on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.3%(2,026)
Black0.2%(5)
Hispanic / Latino0.7%(14)
Asian0.2%(4)
Other0%
Diversity Score2.8%(57)
2020
White, non-Hispanic91.7%(2,148)
Black0.8%(18)
Hispanic / Latino3.2%(74)
Asian0.6%(14)
Other0%(0)
Diversity Score11.3%(265)
Diversity Score
11
+307%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
31.1%
+0.5 ptssince 2000
from 30.6% in 2000
US average: 32.9%
High school or higher
100.0%
+5.6 ptssince 2000
from 94.4% in 2000
US average: 88.5%
Graduate degree
9.3%
+0.8 ptssince 2000
from 8.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
37.9 min
+46%since 2000
from 26.0 min in 2000
US average: 26.9
Drive alone to work
83.5%
+2.5 ptssince 2009
from 81.0% in 2009
US average: 75.1%
No vehicle available
0.9%
−3.6 ptssince 2009
from 4.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
9.1%
+3.9 ptssince 2011
from 5.1% in 2011
US average: 5.4%
Labor force participation
64.6%
+22.4 ptssince 2011
from 42.2% in 2011
US average: 63.4%
Management & professional
37.0%
−34.7 ptssince 2009
from 71.7% in 2009
US average: 39.3%
Section 08

People & community

Male
51.0%
−1.5 ptssince 2009
from 52.5% in 2009
Female
49.0%
+1.5 ptssince 2009
from 47.5% in 2009
Foreign born
1.3%
−2.2 ptssince 2009
from 3.5% in 2009
US average: 13.5%
Uninsured
2.1%
−94.1 ptssince 2013
from 96.2% in 2013
US average: 8.8%
Drill deeper

Places similar to Lake Summerset

Holley
Pop 2,487
Lake Mack-Forest Hills
Pop 2,200
El Portal
Pop 1,943
Hernando Beach
Pop 2,675
Places similar to Lake Summerset
Head to head

Compare Lake Summerset to nearby cities

LAKE SUMMERSET VS
Monroe
Income$69,334−24%
Home value$195,300+16%
Population10,581+348%
SEE FULL COMPARISON →
LAKE SUMMERSET VS
Freeport
Income$51,723−43%
Home value$92,100−45%
Population23,202+881%
SEE FULL COMPARISON →
LAKE SUMMERSET VS
Roscoe
Income$93,036+2%
Home value$227,800+35%
Population11,034+367%
SEE FULL COMPARISON →
LAKE SUMMERSET VS
Beloit
Income$62,663−32%
Home value$156,500−7%
Population36,649+1450%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Summerset, Illinois?

Lake Summerset, Illinois has about 2,342 residents according to the 2020 American Community Survey.

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

The typical household in Lake Summerset, Illinois earns about $91,538 a year. Half of households make more than that, and half make less.

Is Lake Summerset, Illinois expensive?

In Lake Summerset, Illinois, the median home is worth about $168,600, and the typical rent is about $963 a month.

How educated are people in Lake Summerset, Illinois?

About 31.1% of adults age 25 and over in Lake Summerset, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Lake Summerset, Illinois?

About 5.3% of people in Lake Summerset, Illinois live below the federal poverty line.

Has Lake Summerset, Illinois grown since 1990?

Yes, Lake Summerset, Illinois has grown since 1990. The population has added about 1,127 residents, a change of about 93 percent over that period.

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

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