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
Compare with nearby places
Places of similar size in Illinois.
- Dunlap village 1,448
- Barry city 1,442
- Warren village 1,439
- Albers village 1,428
- East Dubuque city 1,427
- Cerro Gordo village 1,426
- Mazon village 1,424
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More Illinois coverage.