CENSUS TRACT
Census Tract 8650
Illinois · Lake County · 1,052 residents · 1.036 sq mi
The short version
Census Tract 8650 is significantly wealthier than the US average, with a median household income of $242,000. Population has declined 6% since 2020. 80% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $989,800. With a median age of 50.8, the population is older than the US median of 38.9. Households here earn about 119% more than the Lake County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 50.8
US median: 38.9
More educated
80% hold a bachelor's degree
US average: 36%
More affordable
home values down 17%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
1,052
−6%since 2020
from 1,117 in 2020
2020 – 2024
Population density
1,015 / sq mi
−6%since 2020
from 1,078 / sq mi in 2020
US average: 281
Median age
50.8
+7%since 2020
from 47.4 in 2020
US average: 38.9
Population, 2020 – 2024
20241K
Section 02
Income & economy
Median household income
$242,000
−20%inflation adjusted, since 2020
from $250,001 in 2020
US average: $82,259
2020 – 2024
Per capita income
$156,684
+29%since 2020
from $121,503 in 2020
US average: $44,673
Households earning $100K+
83.4%
−0.6 ptssince 2020
from 84.0% in 2020
US average: 53.3%
Poverty rate
1.7%
+0.3 ptssince 2020
from 1.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.510
+10%since 2020
from 0.462 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade15.9%
Other services12.5%
Public administration6%
Transportation & warehousing3.1%
Wholesale trade1.7%
Information1.2%
Arts, entertainment, food1.2%
Finance & insurance1%
Professional, scientific, technical1%
Agriculture, forestry, fishing0.2%
Construction0.2%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$989,800
−17%inflation adjusted, since 2020
from $989,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,000
−15%inflation adjusted, since 2020
from $1,952 in 2020
US average: $1,442
Owner-occupied
92.9%
+4.8 ptssince 2020
from 88.0% in 2020
7.1% rent
Vacancy rate
0.0%
−12.3 ptssince 2020
from 12.3% in 2020
US average: 10.0%
Owner cost-burdened
18.4%
−5.0 ptssince 2020
from 23.4% in 2020
US average: 22.9%
Renter cost-burdened
100.0%
+6.4 ptssince 2020
from 93.6% in 2020
US average: 47.4%
Afford Score
4.1
+3%since 2020
from 4.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8650 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic94.4%(1,055)
Black0%(0)
Hispanic / Latino2.3%(26)
Asian0.4%(4)
Other2.9%(32)
Diversity Score13.3%(149)
2024
White, non-Hispanic89.4%(940)
Black0.4%(4)
Hispanic / Latino4.6%(48)
Asian3.1%(33)
Other2.6%(27)
Diversity Score24.7%(260)
Diversity Score
25
+86%since 2020
from 13 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
79.8%
−4.3 ptssince 2020
from 84.1% in 2020
US average: 35.6%
High school or higher
96.5%
−2.8 ptssince 2020
from 99.3% in 2020
US average: 89.6%
Graduate degree
41.1%
−2.1 ptssince 2020
from 43.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
31.7 min
−7%since 2020
from 34.1 min in 2020
US average: 26.5
Drive alone to work
50.6%
−4.6 ptssince 2020
from 55.2% in 2020
US average: 68.9%
Carpooled to work
0.0%
−3.8 ptssince 2020
from 3.8% in 2020
US average: 8.5%
Public transit
7.6%
+0.6 ptssince 2020
from 7.0% in 2020
US average: 3.2%
Worked from home
41.6%
+16.5 ptssince 2020
from 25.1% in 2020
US average: 15.0%
Walked to work
0.2%
−2.2 ptssince 2020
from 2.4% in 2020
US average: 2.4%
Biked to work
0.0%
−6.4 ptssince 2020
from 6.4% in 2020
US average: 0.4%
No vehicle available
0.0%
−2.5 ptssince 2020
from 2.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.4%
−1.9 ptssince 2020
from 3.3% in 2020
US average: 5.2%
Labor force participation
48.6%
−10.5 ptssince 2020
from 59.1% in 2020
US average: 63.5%
Self-employed
6.5%
−0.9 ptssince 2020
from 7.4% in 2020
US average: 13.1%
Management & professional
79.3%
+10.7 ptssince 2020
from 68.7% in 2020
US average: 42.5%
Section 08
People & community
Male
50.8%
+7.7 ptssince 2020
from 43.1% in 2020
Female
49.2%
−7.7 ptssince 2020
from 56.9% in 2020
Foreign born
10.7%
+4.2 ptssince 2020
from 6.5% in 2020
US average: 14.1%
Veterans
4.5%
+0.5 ptssince 2020
from 4.0% in 2020
US average: 6.2%
With a disability
9.2%
−0.3 ptssince 2020
from 9.5% in 2020
US average: 13.3%
Uninsured
0.0%
−3.1 ptssince 2020
from 3.1% in 2020
US average: 8.4%
Broadband at home
98.5%
−1.5 ptssince 2020
from 100.0% in 2020
US average: 91.0%
English only at home
90.3%
−3.8 ptssince 2020
from 94.2% in 2020
US average: 77.7%
Spanish at home
4.2%
+1.3 ptssince 2020
from 2.9% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 8650Head to head
Compare Census Tract 8650 to nearby tracts
CENSUS TRACT 8650 VS
Census Tract 8016.01
Income$105,313−56%
Home value$604,700−39%
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CENSUS TRACT 8650 VS
Census Tract 8015
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CENSUS TRACT 8650 VS
Census Tract 8002
Income$248,893+3%
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CENSUS TRACT 8650 VS
Census Tract 8024.02
Income$78,942−67%
Home value$394,000−60%
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Frequently asked
How many people live in this census tract?
this census tract has about 1,052 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 $242,000 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 $989,800, and the typical rent is about $2,000 a month.
How educated are people in this census tract?
About 79.8% 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 1.7% of people in this census tract live below the federal poverty line.
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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 8640.01Census Tract 8645.11Census Tract 8616.03Census Tract 8641.10Census Tract 8604Census Tract 8660Census Tract 8619.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024