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CENSUS TRACT

Census Tract 8640.02

Illinois · Lake County · 5,153 residents · 1.742 sq mi
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8636.048639.028639.038639.048640.018641.068641.088644.028645.108645.118645.138640.02
TRACT SHAPE · Lake County, IL
The short version

Census Tract 8640.02 has roughly average household income, with a median household income of $81,250. Population has declined 7% since 2020. Median home value is $217,500. At a median age of 33.9, residents skew younger than the country as a whole. Households here earn about 26% less than the Lake County median.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 33.9
US median: 38.9
Less educated
25% 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
5,153
−7%since 2020
from 5,562 in 2020
2020 – 2024
Population density
2,958 / sq mi
−7%since 2020
from 3,193 / sq mi in 2020
US average: 281
Median age
33.9
+12%since 2020
from 30.4 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K6K20202024Census Tract 8640.02
20245K
20202024
Section 02

Income & economy

Median household income
$81,250
+3%inflation adjusted, since 2020
from $64,882 in 2020
US average: $82,259
2020 – 2024
Per capita income
$35,165
+53%since 2020
from $22,978 in 2020
US average: $44,673
Households earning $100K+
52.1%
+6.7 ptssince 2020
from 45.4% in 2020
US average: 53.3%
Poverty rate
13.0%
+3.6 ptssince 2020
from 9.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.435
+20%since 2020
from 0.363 in 2020
US average: 0.476
Workforce by industry, 2024
Information16%
US avg: 10.8%
Retail trade14.5%
US avg: 9.9%
Wholesale trade6.9%
US avg: 6.9%
Other services4.8%
US avg: 6.7%
Transportation & warehousing4.8%
US avg: 2.2%
Public administration4.2%
US avg: 4.8%
Finance & insurance3.8%
US avg: 5.9%
Professional, scientific, technical3.8%
US avg: 5.1%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$217,500
+6%inflation adjusted, since 2020
from $170,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,320
−23%inflation adjusted, since 2020
from $1,406 in 2020
US average: $1,442
Owner-occupied
52.7%
−6.3 ptssince 2020
from 59.0% in 2020
47.3% rent
Vacancy rate
7.3%
−3.7 ptssince 2020
from 11.0% in 2020
US average: 10.0%
Owner cost-burdened
16.4%
−4.6 ptssince 2020
from 21.0% in 2020
US average: 22.9%
Renter cost-burdened
48.8%
−10.9 ptssince 2020
from 59.7% in 2020
US average: 47.4%
Afford Score
2.7
+2%since 2020
from 2.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8640.02 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic25.6%(1,425)
Black0.3%(14)
Hispanic / Latino68.3%(3,797)
Asian4.2%(234)
Other1.7%(92)
Diversity Score58.3%(3,242)
2024
White, non-Hispanic26.7%(1,374)
Black8.5%(438)
Hispanic / Latino50.4%(2,597)
Asian6.7%(345)
Other7.7%(399)
Diversity Score82.2%(4,233)
Diversity Score
82
+41%since 2020
from 58 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
24.7%
+2.9 ptssince 2020
from 21.8% in 2020
US average: 35.6%
High school or higher
80.5%
+5.5 ptssince 2020
from 75.0% in 2020
US average: 89.6%
Graduate degree
5.9%
+3.0 ptssince 2020
from 2.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.9 min
+1%since 2020
from 23.7 min in 2020
US average: 26.5
Drive alone to work
73.0%
−7.4 ptssince 2020
from 80.3% in 2020
US average: 68.9%
Carpooled to work
11.1%
−5.6 ptssince 2020
from 16.6% in 2020
US average: 8.5%
Public transit
0.6%
−0.7 ptssince 2020
from 1.3% in 2020
US average: 3.2%
Worked from home
11.1%
+9.7 ptssince 2020
from 1.4% in 2020
US average: 15.0%
Walked to work
2.3%
+2.0 ptssince 2020
from 0.3% in 2020
US average: 2.4%
Biked to work
0.1%
Unchangedsince 2020
from 0.1% in 2020
US average: 0.4%
No vehicle available
1.8%
−0.8 ptssince 2020
from 2.6% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.2%
+3.6 ptssince 2020
from 3.6% in 2020
US average: 5.2%
Labor force participation
73.7%
−0.2 ptssince 2020
from 73.8% in 2020
US average: 63.5%
Self-employed
7.2%
+0.7 ptssince 2020
from 6.5% in 2020
US average: 13.1%
Management & professional
29.8%
+9.9 ptssince 2020
from 19.9% in 2020
US average: 42.5%
Section 08

People & community

Male
54.0%
−0.8 ptssince 2020
from 54.9% in 2020
Female
46.0%
+0.8 ptssince 2020
from 45.1% in 2020
Foreign born
25.6%
−11.7 ptssince 2020
from 37.3% in 2020
US average: 14.1%
Veterans
3.4%
+1.3 ptssince 2020
from 2.1% in 2020
US average: 6.2%
With a disability
9.0%
+2.6 ptssince 2020
from 6.4% in 2020
US average: 13.3%
Uninsured
22.8%
+4.3 ptssince 2020
from 18.5% in 2020
US average: 8.4%
Broadband at home
93.8%
+8.7 ptssince 2020
from 85.1% in 2020
US average: 91.0%
English only at home
44.4%
+7.8 ptssince 2020
from 36.6% in 2020
US average: 77.7%
Spanish at home
43.0%
−12.8 ptssince 2020
from 55.8% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 5,153 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 $81,250 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 $217,500, and the typical rent is about $1,320 a month.

How educated are people in this census tract?

About 24.7% 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 13.0% of people in this census tract live below the federal poverty line.

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

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