Illinois · Census place 41346
Lake of the Woods CDP, IL
Quick answer
Lake of the Woods CDP has 1,976 residents, ranking #511 of 1462 places in Illinois. Median household income is $69,054, the median home is worth $194,300 and median gross rent runs $1,201 a month.
- Population
- 1,976Lake of the Woods CDP residents
- Median household income
- $69,054Past 12 months, inflation adjusted
- Median home value
- $194,300Owner-occupied units
- Median gross rent
- $1,201Rent plus utilities, monthly
- Median age
- 41.1 yrsAll residents
- Homeownership rate
- 82.6%Owner-occupied households
What the numbers mean in Lake of the Woods CDP
Housing cost measured against local earnings.
A household earning the Lake of the Woods CDP median would spend about 20.9% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 82.6% 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.
- Channel Lake CDP 1,988
- Roanoke village 1,987
- Mount Olive city 1,979
- Crystal Lawns CDP 1,965
- Port Byron village 1,959
- Mount Sterling city 1,949
- Hampton village 1,946
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