Median Household Income
$61,625 ± $23,542
Median Home Value
$193,500 ± $82,082
Median Gross Rent
$1,190 ± $818/mo
Per Capita Income
$28,911
Poverty Rate
4.7%
Unemployment Rate
6.2%
Homeownership Rate
86.1%
Bachelor's Degree or Higher
38.3%
Median Age
37.9
Average Commute
18 min
Households
803
Veterans
142
Population Over Time
Lake of the Woods shrank 26.8% from 2014 to 2024.
2014
2,855
2016
2,687
2018
2,442
2020
2,515
2022
2,350
2024
2,091
Population by Race & Ethnicity
White
95.1%
Hispanic or Latino
1.4%
Black or African American
0.0%
Asian
0.0%
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.