Illinois · Census place 41183
Lake in the Hills village, IL
Quick answer
Lake in the Hills village has 28,853 residents, ranking #68 of 1462 places in Illinois. Median household income is $113,491, the median home is worth $296,400 and median gross rent runs $1,634 a month.
- Population
- 28,853Lake in the Hills village residents
- Median household income
- $113,491Past 12 months, inflation adjusted
- Median home value
- $296,400Owner-occupied units
- Median gross rent
- $1,634Rent plus utilities, monthly
- Median age
- 36.6 yrsAll residents
- Homeownership rate
- 84.5%Owner-occupied households
What the numbers mean in Lake in the Hills village
Housing cost measured against local earnings.
A household earning the Lake in the Hills village median would spend about 17.3% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.9% of residents and 84.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Highland Park city 30,229
- Algonquin village 29,904
- Galesburg city 29,653
- Burbank city 28,822
- Danville city 28,663
- Lansing village 28,415
- Glen Ellyn village 28,270
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