Lakewood, IL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Lakewood, IL: Quick Facts & Overview
- Population: 4,707 residents (396 people per sq. mi.)
- Average House Price: $554,052
- Average Household Income: $173,625
Lakewood, IL is located in the state of Illinois. It is home to about 4,707 people, with around 396 residents living in every square mile.
If you want to buy a house in Lakewood, the average price is around $554,052. That makes local housing 179% higher than the Illinois average of $198,645, and 80% higher than the national average of $308,592.
The average household in Lakewood earns about $173,625 a year. This income is 117% higher than the average family in Illinois ($80,056), and 121% higher than the national average ($78,686).
Population
4,707
Median Household Income
$173,625
Median Home Value
$554,052
Median Age
42.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $76,875 |
| Labor Force Participation | 68.1% |
| Unemployment Rate | 1.4% |
| Average Commute Time | 27.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 96.7% |
| Median Rent | $1,367 |
| Rent Burdened (>30% Income) | 30.8% |
| Total Housing Units | 1,585 |
Additional Census & Housing Profile
Geographic Overview
| County | McHenry |
| County FIPS | 17111 |
| Metro Area (CBSA) | Chicago-Naperville-Elgin, IL-IN |
| Combined Area (CSA) | Chicago-Naperville, IL-IN-WI |
| Population Density | 396.2/sq mi |
| Coordinates (lat/lng) | 42.2279, -88.3931 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.32 |
| Dual Income Families | 60.7% |
Marital Status
| Married | 63.2% |
| Never Married | 24.6% |
| Divorced | 9.0% |
| Widowed | 3.2% |
Gender
| Male | 51.6% |
| Female | 48.4% |
Health & Poverty
| Uninsured Rate (Health) | 4.7% |
| Poverty Rate | 3.5% |
Key Population Groups
| Veterans | 4.2% |
| Disabled Population | 5.3% |
| Limited English Proficiency | 2.5% |
All ZIP Codes in Lakewood
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Crystal Lake, IL | 3 miles | 40,579 |
| Lake in the Hills, IL | 3.4 miles | 28,800 |
| Ridgefield, IL | 3.4 miles | 221 |
| Huntley, IL | 5.1 miles | 28,005 |
| Algonquin, IL | 6 miles | 30,067 |
| Woodstock, IL | 6 miles | 26,147 |
| Bull Valley, IL | 6.7 miles | 1,269 |
| Prairie Grove, IL | 7.2 miles | 2,165 |
| Cary, IL | 7.4 miles | 17,923 |
| Trout Valley, IL | 7.4 miles | 574 |
| Union, IL | 7.8 miles | 624 |
| Oakwood Hills, IL | 7.9 miles | 2,416 |
| Gilberts, IL | 8.2 miles | 8,606 |
| Carpentersville, IL | 9 miles | 37,346 |
| Burtons Bridge, IL | 9 miles | 134 |
| McHenry, IL | 9.2 miles | 28,074 |
| Fox River Grove, IL | 9.4 miles | 4,523 |
| Holiday Hills, IL | 9.7 miles | 634 |
| Hampshire, IL | 10 miles | 8,524 |
| West Dundee, IL | 10 miles | 7,906 |
| Pingree Grove, IL | 10.1 miles | 10,914 |
| Port Barrington, IL | 10.2 miles | 1,477 |
| Sleepy Hollow, IL | 10.3 miles | 3,161 |
| Island Lake, IL | 10.5 miles | 8,014 |
| Wonder Lake, IL | 10.7 miles | 4,292 |
| McCullom Lake, IL | 10.9 miles | 1,017 |
| Hartland, IL | 11.1 miles | 105 |
| Marengo, IL | 11.4 miles | 7,040 |
| Lake Barrington, IL | 11.5 miles | 5,442 |
| Barrington Hills, IL | 11.5 miles | 3,879 |
| East Dundee, IL | 11.5 miles | 3,146 |
| Greenwood, IL | 11.6 miles | 502 |
| Tower Lakes, IL | 12.3 miles | 1,106 |
| Lakemoor, IL | 12.4 miles | 6,467 |
| Ringwood, IL | 12.6 miles | 730 |
| Johnsburg, IL | 13 miles | 6,386 |
| Wauconda, IL | 13.5 miles | 14,027 |
| North Barrington, IL | 13.5 miles | 3,143 |
| Elgin, IL | 13.6 miles | 114,934 |
| Volo, IL | 13.9 miles | 6,706 |
| Barrington, IL | 14.6 miles | 11,077 |
| Pistakee Highlands, IL | 15.2 miles | 3,374 |
| Burlington, IL | 15.2 miles | 425 |
| South Barrington, IL | 15.4 miles | 5,021 |
| Lake Zurich, IL | 15.8 miles | 19,832 |
| Deer Park, IL | 16.3 miles | 3,711 |
| Hebron, IL | 16.5 miles | 1,261 |
| Round Lake, IL | 16.7 miles | 18,628 |
| Garden Prairie, IL | 16.7 miles | 403 |
| Inverness, IL | 16.8 miles | 7,275 |
| South Elgin, IL | 16.9 miles | 24,217 |
| Hawthorn Woods, IL | 16.9 miles | 9,143 |
| Richmond, IL | 16.9 miles | 2,622 |
| Hoffman Estates, IL | 17 miles | 51,175 |
| Long Lake, IL | 17 miles | 3,307 |
| Fox Lake, IL | 17.2 miles | 11,131 |
| Forest Lake, IL | 17.4 miles | 1,865 |
| Spring Grove, IL | 17.5 miles | 5,917 |
| Round Lake Park, IL | 17.8 miles | 7,919 |
| Kildeer, IL | 17.9 miles | 4,292 |
| Streamwood, IL | 18.1 miles | 39,001 |
| Genoa, IL | 18.1 miles | 5,492 |
| Harvard, IL | 18.2 miles | 9,598 |
| Hainesville, IL | 18.4 miles | 3,524 |
| Round Lake Heights, IL | 18.4 miles | 2,592 |
| Fox Lake Hills, IL | 18.7 miles | 2,399 |
| Chemung, IL | 19 miles | 239 |
| Round Lake Beach, IL | 19.1 miles | 264,501 |
| Campton Hills, IL | 19.3 miles | 10,877 |
| Palatine, IL | 19.5 miles | 66,293 |
| Lily Lake, IL | 19.5 miles | 1,293 |
| Bartlett, IL | 19.6 miles | 40,501 |
| Genoa City, WI | 19.6 miles | 2,942 |
| Lawrence, IL | 19.6 miles | 358 |
| Mundelein, IL | 19.8 miles | 31,915 |
| Grayslake, IL | 19.9 miles | 20,929 |
| Long Grove, IL | 19.9 miles | 8,305 |
| Virgil, IL | 20.1 miles | 312 |
| Wayne, IL | 20.4 miles | 2,562 |
| Lake Villa, IL | 20.6 miles | 8,683 |
| Kingston, IL | 20.8 miles | 1,352 |
| Schaumburg, IL | 20.9 miles | 76,868 |
| Hanover Park, IL | 21.2 miles | 36,732 |
| Indian Creek, IL | 21.2 miles | 874 |
| Capron, IL | 21.3 miles | 1,311 |
| Big Foot Prairie, WI | 21.3 miles | 136 |
| Twin Lakes, WI | 21.4 miles | 6,309 |
| Venetian Village, IL | 21.4 miles | 2,334 |
| Rolling Meadows, IL | 21.6 miles | 24,027 |
| Channel Lake, IL | 21.6 miles | 2,052 |
| St. Charles, IL | 21.7 miles | 32,854 |
| Sycamore, IL | 21.8 miles | 18,559 |
| Third Lake, IL | 21.8 miles | 1,137 |
| Vernon Hills, IL | 22.1 miles | 26,876 |
| Powers Lake, WI | 22.1 miles | 1,278 |
| Libertyville, IL | 22.2 miles | 20,525 |
| Bloomfield, WI | 22.3 miles | 4,780 |
| Buffalo Grove, IL | 22.5 miles | 42,891 |
| Lake Catherine, IL | 22.5 miles | 968 |
| Gages Lake, IL | 22.7 miles | 10,819 |