Download
Share
Contents
Save
The total population of Island Lake is estimated to be 8,039 with 3,902 males (48.54%) and 4,137 females (51.46%). There are 235 more females than males in Island Lake.
The median household income in Island Lake was $91,813 in 2021, which marked an a decrease of 3,337(3.51%) from $95,150 in 2020. This income is 123.06% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Island Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $103,720. Overall, the median household income for the village of Island Lake stands at $91,813.
In Island Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $51,202 for males and $35,816 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,695 for males and $61,126 for females.
In Island Lake, there are just three different racial groups among households. Among these, White households report a median household income of $94,056, followed by Two or More Races households at $77,083, and Some Other Race households with a median household income of $71,970.
In 2022, the population of Island Lake was 7,954, a 0.88% decrease year-by-year from 2021. Previously, in 2021, Island Lake's population was 8,025, a decline of 0.10% compared to a population of 8,033 in 2020.
The median age in Island Lake, IL is 39.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.25% were under the age of 15, 15.54% aged 15 to 29, 50.28% aged 30 to 64, 13.18% aged 65 to 84, and 1.75% were 85 years of age and older.
Racial distribution of Island Lake population: 89.69% are White, 0.25% are Black or African American, 3.03% are Asian, 2.81% are some other race and 4.23% are multiracial.