COMPARING TWO PLACES
Third Lake vs Gages Lake
PLACE A
Third Lake, Illinois
VS
PLACE B
Gages Lake, Illinois
Third Lake is 90% smaller than Gages Lake. Third Lake earns more, with a median household income $46,821 higher. Gages Lake has grown faster since 2000 (4% vs -6%).
THIRD LAKEGAGES LAKEDIFFERENCE
Total population1,10310,819−90% vs Gages Lake
Population density1,8763,635−1,760
Population growth-6.0%4.3%−10.3 pts
Median age52.239.8+12.4
Male54.4%49.2%+5.2 pts
Female45.6%50.8%−5.2 pts
Foreign-born7.1%10.4%−3.3 pts
White, non-Hispanic82.2%65.8%+16.4 pts
Black0.1%5.2%−5.1 pts
Hispanic / Latino11.7%14.7%−3.0 pts
Asian2.2%6.8%−4.6 pts
Other3.8%7.5%−3.7 pts
Median household income$150,139$103,318+$46,821
Per capita income$67,094$48,915+$18,179
Poverty rate2.0%7.0%−4.9 pts
Income inequality (Gini)0.3240.377−0.1
Bachelor's degree or higher69.1%42.5%+26.5 pts
Graduate degree29.9%16.2%+13.7 pts
Unemployment rate2.3%9.0%−6.7 pts
Labor force participation62.7%72.3%−9.6 pts
Median home value$361,500$310,500+$51,000
Median gross rent$1,125$1,693−$568
Owner-occupied99.1%83.0%+16.2 pts
Housing vacancy rate3.7%2.5%+1.2 pts
Rent-burdened households0.0%47.2%−47.2 pts
Average commute29.826.1+3.6
Worked from home20.9%21.6%−0.7 pts
Public transit to work3.2%1.4%+1.7 pts
Uninsured0.4%5.0%−4.6 pts
Population, 1990 – 2024