Illinois · Census place 41456
Lake Summerset CDP, IL
Quick answer
Lake Summerset CDP has 2,240 residents, ranking #485 of 1462 places in Illinois. Median household income is $105,588, the median home is worth $226,700 and median gross rent runs $1,206 a month.
- Population
- 2,240Lake Summerset CDP residents
- Median household income
- $105,588Past 12 months, inflation adjusted
- Median home value
- $226,700Owner-occupied units
- Median gross rent
- $1,206Rent plus utilities, monthly
- Median age
- 46.1 yrsAll residents
- Homeownership rate
- 87.8%Owner-occupied households
What the numbers mean in Lake Summerset CDP
Housing cost measured against local earnings.
A household earning the Lake Summerset CDP median would spend about 13.7% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.1% of residents and 87.8% 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.
- Casey city 2,258
- Elmwood city 2,254
- Carbon Cliff village 2,248
- Sumner city 2,229
- Nokomis city 2,213
- Cambridge village 2,184
- South Roxana village 2,180
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