Median Household Income
$118,750 ± $14,941
Median Home Value
$351,700 ± $13,713
Median Gross Rent
$1,533 ± $187/mo
Per Capita Income
$52,971
Poverty Rate
3.2%
Unemployment Rate
4.8%
Homeownership Rate
74.3%
Bachelor's Degree or Higher
55.6%
Median Age
40.4
Average Commute
27 min
Households
3,116
Veterans
312
Population Over Time
Lake Villa shrank 2.0% from 2014 to 2024.
2014
8,860
2016
8,916
2018
8,762
2020
8,601
2022
8,701
2024
8,683
Population by Race & Ethnicity
White
70.2%
Hispanic or Latino
15.3%
Black or African American
3.9%
Asian
8.0%
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.