Median Household Income
$103,156 ± $10,531
Median Home Value
$262,500 ± $18,165
Median Gross Rent
$1,874 ± $208/mo
Per Capita Income
$41,302
Poverty Rate
6.7%
Unemployment Rate
6.7%
Homeownership Rate
82.7%
Bachelor's Degree or Higher
30.4%
Median Age
39.1
Average Commute
27 min
Households
2,905
Veterans
319
Population Over Time
Island Lake shrank 0.2% from 2014 to 2024.
2014
8,033
2016
8,025
2018
8,056
2020
8,112
2022
8,039
2024
8,014
Population by Race & Ethnicity
White
83.3%
Hispanic or Latino
18.1%
Black or African American
0.3%
Asian
2.4%
Nearby Cities in Illinois
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.