CENSUS TRACT
Census Tract 8640.01
Illinois · Lake County · 7,170 residents · 2.303 sq mi
TRACT SHAPE · Lake County, IL
The short version
Census Tract 8640.01 is wealthier than most US places, with a median household income of $106,174. Population has held roughly steady since 2020. Median home value is $274,200.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 37.4
US median: 38.9
Average education
37% 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
7,170
+3%since 2020
from 6,952 in 2020
2020 – 2024
Population density
3,113 / sq mi
+3%since 2020
from 3,019 / sq mi in 2020
US average: 281
Median age
37.4
+7%since 2020
from 35.0 in 2020
US average: 38.9
Population, 2020 – 2024
20247K
Section 02
Income & economy
Median household income
$106,174
+10%inflation adjusted, since 2020
from $79,846 in 2020
US average: $82,259
2020 – 2024
Per capita income
$46,992
+51%since 2020
from $31,166 in 2020
US average: $44,673
Households earning $100K+
72.5%
+16.1 ptssince 2020
from 56.4% in 2020
US average: 53.3%
Poverty rate
16.4%
−0.7 ptssince 2020
from 17.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.407
+6%since 2020
from 0.383 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade25.5%
Other services7.3%
Information6.2%
Public administration4.3%
Transportation & warehousing3.5%
Arts, entertainment, food2.5%
Finance & insurance1.5%
Professional, scientific, technical1.5%
Wholesale trade0.4%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$274,200
Unchangedinflation adjusted, since 2020
from $225,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,603
+6%inflation adjusted, since 2020
from $1,249 in 2020
US average: $1,442
Owner-occupied
57.8%
−0.4 ptssince 2020
from 58.2% in 2020
42.2% rent
Vacancy rate
3.5%
−0.3 ptssince 2020
from 3.7% in 2020
US average: 10.0%
Owner cost-burdened
7.8%
−17.7 ptssince 2020
from 25.5% in 2020
US average: 22.9%
Renter cost-burdened
42.8%
+3.3 ptssince 2020
from 39.5% in 2020
US average: 47.4%
Afford Score
2.6
−9%since 2020
from 2.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8640.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic43.1%(2,994)
Black2%(142)
Hispanic / Latino45.9%(3,189)
Asian7.2%(499)
Other1.8%(128)
Diversity Score74.8%(5,198)
2024
White, non-Hispanic38.1%(2,735)
Black0%(0)
Hispanic / Latino47.4%(3,395)
Asian12.3%(879)
Other2.2%(161)
Diversity Score76.8%(5,510)
Diversity Score
77
+3%since 2020
from 75 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
36.8%
+4.7 ptssince 2020
from 32.1% in 2020
US average: 35.6%
High school or higher
91.4%
+0.8 ptssince 2020
from 90.6% in 2020
US average: 89.6%
Graduate degree
17.6%
+6.0 ptssince 2020
from 11.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
29.2 min
+21%since 2020
from 24.2 min in 2020
US average: 26.5
Drive alone to work
69.1%
−21.0 ptssince 2020
from 90.1% in 2020
US average: 68.9%
Carpooled to work
9.1%
+5.7 ptssince 2020
from 3.4% in 2020
US average: 8.5%
Public transit
1.0%
+1.0 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
18.5%
+16.4 ptssince 2020
from 2.1% in 2020
US average: 15.0%
Walked to work
1.4%
−2.2 ptssince 2020
from 3.6% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.3%
−3.5 ptssince 2020
from 3.8% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.0%
Unchangedsince 2020
from 2.1% in 2020
US average: 5.2%
Labor force participation
76.2%
+4.9 ptssince 2020
from 71.3% in 2020
US average: 63.5%
Self-employed
9.6%
−2.8 ptssince 2020
from 12.4% in 2020
US average: 13.1%
Management & professional
38.8%
+5.3 ptssince 2020
from 33.5% in 2020
US average: 42.5%
Section 08
People & community
Male
51.5%
−1.8 ptssince 2020
from 53.3% in 2020
Female
48.5%
+1.8 ptssince 2020
from 46.7% in 2020
Foreign born
39.5%
+5.8 ptssince 2020
from 33.7% in 2020
US average: 14.1%
Veterans
1.3%
−3.7 ptssince 2020
from 5.0% in 2020
US average: 6.2%
With a disability
4.7%
−1.7 ptssince 2020
from 6.4% in 2020
US average: 13.3%
Uninsured
10.9%
+3.8 ptssince 2020
from 7.1% in 2020
US average: 8.4%
Broadband at home
93.6%
+2.6 ptssince 2020
from 91.0% in 2020
US average: 91.0%
English only at home
37.1%
−6.4 ptssince 2020
from 43.4% in 2020
US average: 77.7%
Spanish at home
44.9%
+1.6 ptssince 2020
from 43.4% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 8640.01Head to head
Compare Census Tract 8640.01 to nearby tracts
CENSUS TRACT 8640.01 VS
Census Tract 8641.06
Income$129,853+22%
Home value$329,400+20%
Population3,773−47%
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CENSUS TRACT 8640.01 VS
Census Tract 8639.03
Income$138,447+30%
Home value$472,900+72%
Population4,397−39%
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CENSUS TRACT 8640.01 VS
Census Tract 8636.04
Income$166,694+57%
Home value$582,700+113%
Population3,129−56%
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CENSUS TRACT 8640.01 VS
Census Tract 8641.08
Income$101,111−5%
Home value$270,500−1%
Population5,411−25%
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Frequently asked
How many people live in this census tract?
this census tract has about 7,170 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $106,174 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $274,200, and the typical rent is about $1,603 a month.
How educated are people in this census tract?
About 36.8% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 16.4% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Lake CountyOther census tracts in Lake County
Census Tract 8609.06Census Tract 8615.04Census Tract 8614.02Census Tract 8644.02Census Tract 8642.07Census Tract 8606Census Tract 8610.11Census Tract 8626.03Census Tract 8611.06Census Tract 8645.11Census Tract 8616.03Census Tract 8641.10Census Tract 8604Census Tract 8660Census Tract 8619.02Census Tract 8618.03DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024