Living in Lake Holiday, Illinois
Cost of living, income, home prices, rent and demographics of Lake Holiday · Census data 2020–2024
Lake Holiday has 5,641 residents with a median age of 46.9. The median household income is $107,875 (29% higher than the Illinois median), the median home value is $256,400, the median rent is $1,496/month.
Lake Holiday at a glance
- Population
- 5,641
- Median age
- 46.9State: 39
- Median household income
- $107,875State: $83,390
- Median home value
- $256,400State: $263,300
- Median rent
- $1,496/moState: $1,274
- Homeowners
- 92.2%
- Bachelor's degree or higher
- 31%
- Average commute
- 45 min
Is Lake Holiday a good place to live?
Pros: Median household income 29% higher than the Illinois median; home values about the same as the state median; unemployment of 2.4%; a poverty rate of 2.9%.
Cons: An average commute of 45 minutes.
The weather is best in June to September.
Cost of living in Lake Holiday
Housing is the biggest part of the cost of living. In Lake Holiday the median home value is $256,400, 23% lower than the U.S. median. Renters pay a median of $1,496 per month, which is 19.8% of household income. Homeowners with a mortgage pay $1,913 a month in housing costs.
Lake Holiday median household income
The median household income in Lake Holiday is $107,875 and the income per person is $59,371. 2.9% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lake Holiday: homes for sale and rent
- Housing units
- 2,669
- Owner-occupied
- 92.2%
- Renter-occupied
- 7.8%
- Vacant
- 10.2%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.35
Lake Holiday demographics
- Population
- 5,641
- Median age
- 46.9
- Under 18
- 17.4%
- 65 and older
- 22.7%
- Households
- 2,398
- Foreign-born
- 3.6%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Holiday ›
Education in Lake Holiday
31% of adults 25 and older in Lake Holiday have a bachelor's degree or higher (Illinois: 37.8%), and 9.1% have a graduate or professional degree.
Jobs and commute in Lake Holiday
- Unemployment rate
- 2.4%State: 5.8%
- Average commute
- 45 minState: 28 min
- Work from home
- 8.9%
- Drive alone
- 82.9%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 91.1%
Lake Holiday vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Holiday | 5,641 | $107,875 | $256,400 | $1,496 |
| Somonauk | 1,569 | $84,583 | $234,400 | $993 |
| Sandwich | 7,219 | $80,768 | $255,700 | $1,029 |
| Millington | 729 | $81,775 | $230,700 | $1,135 |
| Millbrook | 243 | $137,560 | $361,900 | — |
| Sheridan | 2,519 | $85,250 | $186,400 | $1,070 |
| Leland | 1,065 | $79,583 | $186,800 | $1,054 |
| Newark | 1,138 | $99,375 | $241,100 | $1,006 |
| Plano | 12,203 | $86,271 | $230,700 | $1,686 |
More for people moving to Lake Holiday
Lake Holiday ZIP code ›Weather and climate ›Living in Lake Holiday: FAQ
What is the median household income in Lake Holiday, IL?
The median household income in Lake Holiday is $107,875, 29% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Holiday?
The median home value in Lake Holiday is $256,400, compared with $263,300 in Illinois.
How much is rent in Lake Holiday?
The median gross rent in Lake Holiday is $1,496 per month, about 19.8% of household income.
Is Lake Holiday, IL a good place to live?
Pluses: median household income 29% higher than the Illinois median; home values about the same as the state median; unemployment of 2.4%; a poverty rate of 2.9%. Minuses: an average commute of 45 minutes.
What is the median age in Lake Holiday?
The median age in Lake Holiday is 46.9 years (Illinois: 39).
How long is the commute in Lake Holiday?
The average commute to work in Lake Holiday is 45 minutes; 8.9% of workers work from home.
What is the unemployment rate in Lake Holiday?
The unemployment rate in Lake Holiday is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Holiday?
31% of adults in Lake Holiday have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: