Illinois · Census place 41346
Lake of the Woods, IL population, income and ZIP codes
Quick answer
The population of the city of Lake of the Woods, Illinois (Lake of the Woods, IL — Census place “Lake of the Woods CDP”) is 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. Looking for the Lake of the Woods Illinois ZIP code list? 1 ZIP codes serve Lake of the Woods, IL: 61853.
- 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
Lake of the Woods ZIP codes (Illinois)
Census ZCTAs whose delivery area overlaps Lake of the Woods.
The Lake of the Woods IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Lake of the Woods CDP, IL in context
How this area compares with national benchmarks.
Lake of the Woods CDP is a small town in Illinois, with 1,976 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #511 of 1,462 ranked by population — larger than 65% of them. The median age here is 41.1 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Lake of the Woods CDP earn a median of $69,054 a year, 12.1% below the national figure of $78,538 and 7% below the $74,244 median for the 698 Illinois cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 6.9% of residents here, below the 12.4% national rate.
The typical owner-occupied home in Lake of the Woods CDP is valued at $194,300, 36% below the national figure and 8% above the $179,100 peer median, while median gross rent runs $1,201 a month, 14.6% below the national figure, or roughly $14,412 across a full year. A household on the local median income would put about 20.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 82.6% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Illinois.
- Crystal Lawns CDP 1,965
- Mount Olive city 1,979
- Port Byron village 1,959
- Roanoke village 1,987
- Mount Sterling city 1,949
- Channel Lake CDP 1,988
- Hampton village 1,946
- Farmington city 1,990
Keep going
More Illinois coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Lake of the Woods CDP?
- Lake of the Woods CDP has 1,976 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #511 of 1,462 in Illinois.
- What is the median household income in Lake of the Woods CDP?
- Median household income in Lake of the Woods CDP is $69,054 a year, 12.1% below the national figure of $78,538.
- How much does it cost to rent or buy in Lake of the Woods CDP?
- Median gross rent is $1,201 a month and the median home value is $194,300, so rent absorbs about 20.9% of median household income.
- Is Lake of the Woods CDP affordable compared with the rest of the US?
- Homes cost about 2.8× the local median income here versus roughly 3.9× nationally, so Lake of the Woods CDP is more affordable to buy in than the typical US market, and rent takes 20.9% of median income against the 30% cost-burden line.
- How current is this Lake of the Woods CDP data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.