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ZipNumbers

Illinois · Census place 12489

Channel Lake CDP, IL

Quick answer

Channel Lake CDP has 1,988 residents, ranking #508 of 1462 places in Illinois. Median household income is $63,958, the median home is worth $210,400 and median gross rent runs $1,526 a month.

Population
1,988Channel Lake CDP residents
Median household income
$63,958Past 12 months, inflation adjusted
Median home value
$210,400Owner-occupied units
Median gross rent
$1,526Rent plus utilities, monthly
Median age
34.8 yrsAll residents
Homeownership rate
78.7%Owner-occupied households

What the numbers mean in Channel Lake CDP

Housing cost measured against local earnings.

A household earning the Channel Lake CDP median would spend about 28.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.4% of residents and 78.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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