Lake of the Woods, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Lake of the Woods Demographics Overview

Total Population
2,350
ACS 2022 estimate
Median Household Income
$69,191
Annual household income
โ–ผ 7% vs US avg
Median Home Value
$197,100
Owner-occupied homes
โ–ผ 30% vs US avg
Median Gross Rent
$1,102
Monthly rent (incl. utilities)
โ–ผ 5% vs US avg
Median Age
37.8 years
Median age of residents
โ–ผ 3% vs US avg

Income & Economy

Median Household Income
$69,191
US avg: $74,580
vs. National Median-7.2%

Housing

Median Home Value
$197,100
US avg: $281,900
Median Gross Rent
$1,102/mo
US avg: $1,163/mo
Rent vs. National Avg-5.2%

Population

Total Population2,350
Median Age
37.8 years
US avg: 38.9 yrs

Data Source

Data for Lake of the Woods comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Lake of the Woods, IL โ€” Frequently Asked Questions

Common questions about Lake of the Woods demographics

What is the population of Lake of the Woods, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Lake of the Woods, Illinois is 2,350.

What is the median household income in Lake of the Woods?

The median household income in Lake of the Woods, Illinois is $69,191 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Lake of the Woods?

Key cost indicators for Lake of the Woods, Illinois:. Median home value: $197,100. Median gross rent: $1,102/month. Median household income: $69,191/year

What is the median home value in Lake of the Woods?

The median home value in Lake of the Woods, Illinois is $197,100, compared to the national median of approximately $281,900.

What is the average age in Lake of the Woods?

The median age in Lake of the Woods, Illinois is 37.8 years, compared to the US national median age of approximately 38.9 years.

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Lake of the Woods, IL Demographics - Population, Income & Housing (2022)