Living in Lakemoor, Illinois
Cost of living, income, home prices, rent and demographics of Lakemoor · Census data 2020–2024
Lakemoor has 6,467 residents with a median age of 35.5. The median household income is $100,414 (20% higher than the Illinois median), the median home value is $265,500, the median rent is $1,726/month.
Lakemoor at a glance
- Population
- 6,467
- Median age
- 35.5State: 39
- Median household income
- $100,414State: $83,390
- Median home value
- $265,500State: $263,300
- Median rent
- $1,726/moState: $1,274
- Homeowners
- 65.1%
- Bachelor's degree or higher
- 36.5%
- Average commute
- 36 min
Is Lakemoor a good place to live?
Pros: Median household income 20% higher than the Illinois median; unemployment of 2.4%; a poverty rate of 4.7%.
Cons: Home values about the same as the state median; an average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Lakemoor
Housing is the biggest part of the cost of living. In Lakemoor the median home value is $265,500, 20% lower than the U.S. median. Renters pay a median of $1,726 per month, which is 31.5% of household income. Homeowners with a mortgage pay $2,164 a month in housing costs.
Lakemoor median household income
The median household income in Lakemoor is $100,414 and the income per person is $42,979. 4.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lakemoor: homes for sale and rent
- Housing units
- 2,574
- Owner-occupied
- 65.1%
- Renter-occupied
- 34.9%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.60
Lakemoor demographics
- Population
- 6,467
- Median age
- 35.5
- Under 18
- 26.6%
- 65 and older
- 9.7%
- Households
- 2,483
- Foreign-born
- 12.2%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lakemoor ›
Education in Lakemoor
36.5% of adults 25 and older in Lakemoor have a bachelor's degree or higher (Illinois: 37.8%), and 9.1% have a graduate or professional degree.
Jobs and commute in Lakemoor
- Unemployment rate
- 2.4%State: 5.8%
- Average commute
- 36 minState: 28 min
- Work from home
- 12.7%
- Drive alone
- 84%
- Public transit
- 0.8%
- Walk to work
- 0%
- Homes with broadband
- 94.1%
Lakemoor vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lakemoor | 6,467 | $100,414 | $265,500 | $1,726 |
| Volo | 6,706 | $160,792 | $319,700 | $2,169 |
| Holiday Hills | 634 | $74,083 | $220,600 | $1,850 |
| Johnsburg | 6,386 | $121,023 | $328,300 | $1,128 |
| Island Lake | 8,014 | $103,156 | $262,500 | $1,874 |
| Pistakee Highlands | 3,374 | $102,986 | $216,800 | $1,906 |
| Long Lake | 3,307 | $104,621 | $220,100 | $1,530 |
| McHenry | 28,074 | $86,315 | $266,500 | $1,553 |
| Round Lake | 18,628 | $111,977 | $278,600 | $1,710 |
More for people moving to Lakemoor
Lakemoor ZIP code ›Weather and climate ›Living in Lakemoor: FAQ
What is the median household income in Lakemoor, IL?
The median household income in Lakemoor is $100,414, 20% 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 Lakemoor?
The median home value in Lakemoor is $265,500, compared with $263,300 in Illinois.
How much is rent in Lakemoor?
The median gross rent in Lakemoor is $1,726 per month, about 31.5% of household income.
Is Lakemoor, IL a good place to live?
Pluses: median household income 20% higher than the Illinois median; unemployment of 2.4%; a poverty rate of 4.7%. Minuses: home values about the same as the state median; an average commute of 36 minutes.
What is the median age in Lakemoor?
The median age in Lakemoor is 35.5 years (Illinois: 39).
How long is the commute in Lakemoor?
The average commute to work in Lakemoor is 36 minutes; 12.7% of workers work from home.
What is the unemployment rate in Lakemoor?
The unemployment rate in Lakemoor is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lakemoor?
36.5% of adults in Lakemoor 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.
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