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Illinois · Census place 41742

Lake Zurich village, IL

Quick answer

Lake Zurich village has 19,727 residents, ranking #124 of 1462 places in Illinois. Median household income is $139,959, the median home is worth $418,300 and median gross rent runs $1,782 a month.

Population
19,727Lake Zurich village residents
Median household income
$139,959Past 12 months, inflation adjusted
Median home value
$418,300Owner-occupied units
Median gross rent
$1,782Rent plus utilities, monthly
Median age
41.3 yrsAll residents
Homeownership rate
80.2%Owner-occupied households

What the numbers mean in Lake Zurich village

Housing cost measured against local earnings.

A household earning the Lake Zurich village median would spend about 15.3% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 80.2% 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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