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ZipNumbers

Illinois · Census place 43406

Lily Lake village, IL

Quick answer

Lily Lake village has 1,432 residents, ranking #597 of 1462 places in Illinois. Median household income is $145,192, the median home is worth $379,300 and median gross rent runs $1,438 a month.

Population
1,432Lily Lake village residents
Median household income
$145,192Past 12 months, inflation adjusted
Median home value
$379,300Owner-occupied units
Median gross rent
$1,438Rent plus utilities, monthly
Median age
44.2 yrsAll residents
Homeownership rate
98.5%Owner-occupied households

What the numbers mean in Lily Lake village

Housing cost measured against local earnings.

A household earning the Lily Lake village median would spend about 11.9% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.6% of residents and 98.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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