Lake Villa is a city of 8,683 people in Illinois. This is an unusually credentialed place: 56% of adults have a four-year degree. Growth has run 48% since 2000, or 2,819 more people. That puts it in the top 4% of US cities for household income. That is roughly 42% ahead of the Illinois median. The poverty rate is 3.2%, under the national 12.5%.
At a glance
Wealthier
median household income $118,750, above the US median
US median: $82,259
Mid-age
median age 40.4
US median: 38.9
More educated
56% hold a bachelor's degree
US average: 36%
More affordable
home values down 7%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Lake Villa
What changed most since 1990
Population2,855 → 8,683(+204%)US over the same years: +35%
Homes owned by their occupants54.5% → 74.3%(+19.7 pts)US over the same years: +0.9 pts
Adults with a bachelor's degree26.5% → 55.6%(+29.1 pts)US over the same years: +15.3 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)31.7%(99)
US avg: 26.4%
Gulf War (1990s)15.1%(47)
US avg: 24.3%
Vietnam era35.6%(111)
US avg: 33.1%
Korean War0%(0)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 312 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Lake Villa, decade by decade
Lake Villa population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
2,855
$90,895
$314,409
26.5%
5.3
2000
5,864
$118,550
$378,540
36.9%
21.3
2010
8,741
$138,742
$424,235
46.3%
41.0
2020
8,741
$128,039
$329,069
47.0%
55.5
2024
8,683
$118,750
$351,700
55.6%
61.6
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
