Living in Lily Lake, Illinois
Cost of living, income, home prices, rent and demographics of Lily Lake · Census data 2020–2024
Lily Lake has 1,293 residents with a median age of 46. The median household income is $140,313 (68% higher than the Illinois median), the median home value is $418,800, the median rent is $1,500/month.
Lily Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lily Lake at a glance
- Population
- 1,293
- Median age
- 46State: 39
- Median household income
- $140,313State: $83,390
- Median home value
- $418,800State: $263,300
- Median rent
- $1,500/moState: $1,274
- Homeowners
- 98.2%
- Bachelor's degree or higher
- 41.7%
- Average commute
- 32 min
Is Lily Lake a good place to live?
Pros: Median household income 68% higher than the Illinois median; a poverty rate of 0.2%.
Cons: Home values 59% higher than the state median; an average commute of 32 minutes; unemployment of 8.9%.
The weather is best in June to September.
Cost of living in Lily Lake
Housing is the biggest part of the cost of living. In Lily Lake the median home value is $418,800, 26% higher than the U.S. median. Renters pay a median of $1,500 per month, which is 51% of household income. Homeowners with a mortgage pay $2,698 a month in housing costs.
Lily Lake median household income
The median household income in Lily Lake is $140,313 and the income per person is $60,660. 0.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Lily Lake: homes for sale and rent
- Housing units
- 439
- Owner-occupied
- 98.2%
- Renter-occupied
- 1.8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.95
Lily Lake demographics
- Population
- 1,293
- Median age
- 46
- Under 18
- 18.9%
- 65 and older
- 22.8%
- Households
- 439
- Foreign-born
- 4.6%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lily Lake ›
Education in Lily Lake
41.7% of adults 25 and older in Lily Lake have a bachelor's degree or higher (Illinois: 37.8%), and 13.3% have a graduate or professional degree.
Jobs and commute in Lily Lake
- Unemployment rate
- 8.9%State: 5.8%
- Average commute
- 32 minState: 28 min
- Work from home
- 21.9%
- Drive alone
- 73.9%
- Public transit
- 0.5%
- Walk to work
- 0.8%
- Homes with broadband
- 100%
Lily Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lily Lake | 1,293 | $140,313 | $418,800 | $1,500 |
| Campton Hills | 10,877 | $209,134 | $547,500 | $1,750 |
| Virgil | 312 | $93,542 | $296,600 | $1,118 |
| Elburn | 6,354 | $127,731 | $389,300 | $1,708 |
| Maple Park | 1,573 | $107,045 | $288,400 | $1,728 |
| Burlington | 425 | $84,219 | $296,200 | $1,517 |
| South Elgin | 24,217 | $127,203 | $339,100 | $1,640 |
| St. Charles | 32,854 | $114,300 | $377,400 | $1,819 |
| Kaneville | 523 | $86,875 | $318,100 | $875 |
More for people moving to Lily Lake
Lily Lake ZIP code ›Weather and climate ›Living in Lily Lake: FAQ
What is the median household income in Lily Lake, IL?
The median household income in Lily Lake is $140,313, 68% 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 Lily Lake?
The median home value in Lily Lake is $418,800, compared with $263,300 in Illinois.
How much is rent in Lily Lake?
The median gross rent in Lily Lake is $1,500 per month, about 51% of household income.
Is Lily Lake, IL a good place to live?
Pluses: median household income 68% higher than the Illinois median; a poverty rate of 0.2%. Minuses: home values 59% higher than the state median; an average commute of 32 minutes; unemployment of 8.9%.
What is the median age in Lily Lake?
The median age in Lily Lake is 46 years (Illinois: 39).
How long is the commute in Lily Lake?
The average commute to work in Lily Lake is 32 minutes; 21.9% of workers work from home.
What is the unemployment rate in Lily Lake?
The unemployment rate in Lily Lake is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lily Lake?
41.7% of adults in Lily Lake 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: