Map of Lake Villa real estate information by neighborhood

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Median House Value:

Lake Villa, IL real estate and demographic information

Most Expensive Lake Villa Neighborhoods

NAME
1 Lindenhurst
2 Village Center
3 Fox Lake Hills
4 Venetian Village

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Lake Villa zip codes60046, 60073

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REAL ESTATE IN POPULAR Lake Villa NEIGHBORHOODS Lindenhurst, Village Center, Venetian Village, Fox Lake Hills

POPULAR REAL ESTATE NEAR Lake Villa, IL Antioch, Grayslake, Gurnee, Hebron, Libertyville, Mundelein, Wadsworth, Wauconda, Waukegan, Zion

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POPULATION
6,078

Lake Villa, IL Information

LAKE VILLA INFORMATION DETAILS
POPULATION 6,078
NUMBER OF HOMES AND APARTMENTS 2,206
LAKE VILLA HOME OWNERSHIP
% OWNER OCCUPIED 72.53%
% RENTER OCCUPIED 22.94%
% VACANT 4.53%
TYPE OF LAKE VILLA HOMES
SINGLE FAMILY DETACHED 72.89%
ROWHOUSES AND ATTACHED HOMES 4.99%
SMALL APARTMENT BUILDINGS 2.72%
COMPLEXES OR HIGH RISE APARTMENTS 19.40%
MOBILE HOMES 0.00%
OTHER 0.00%
SIZE OF LAKE VILLA HOMES
NO BEDROOM 0.00%
1 BEDROOM 10.11%
2 BEDROOMS 20.04%
3 BEDROOMS 39.62%
4 BEDROOMS 27.74%
5 OR MORE BEDROOMS 2.49%
AGE OF HOMES
NEWER HOMES (1995 OR LATER) 42.93%
ESTABLISHED, BUT NOT OLD HOMES (1970-1994) 38.58%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 12.96%
HISTORIC (1939 OR BEFORE) 5.53%


LAKE VILLA REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $353,087
MEDIAN RENTAL PRICE $1,108
HOME VALUE RANGE
$0-$85,000 0.00%
$85,001-$170,000 3.31%
$170,001-$340,000 41.50%
$340,001-$510,000 46.06%
$510,001-$680,000 7.19%
$680,001-$849,000 1.50%
$849,001-$1,274,000 0.44%
$1,274,001-$1,700,000 0.00%
> $1,700,000 0.00%


PEOPLE OF Lake Villa DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 8.98%
5 TO 17 23.54%
18 TO 24 6.78%
25 TO 34 16.90%
35 TO 54 32.20%
55 TO 64 5.48%
65 YEARS AND OVER 6.12%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 93.06%
COLLEGE GRADUATES 36.87%
MEDIAN HOUSEHOLD INCOME $65,078
PER CAPITA INCOME $26,238
INDIVIDUALS BELOW POVERTY LEVEL 3.74%
INDUSTRIES PEOPLE WORK IN Manufacturing (21.72%), Retail (11.40%), Education (9.29%), Wholesale (7.15%), Construction (7.09%), Finance (6.66%), Professional, scientific, and technical services (6.33%), Healthcare (6.06%), Accomodation (4.35%), Other (4.28%), Information Technology (3.59%), Public Service (3.07%), Real Estate (2.54%)
ATTENDING COLLEGE 5.69%
RACIAL MAKEUP
WHITE 91.16%
BLACK OR AFRICAN AMERICAN 3.41%
AMERICAN INDIAN AND ALASKA NATIVE 0.20%
ASIAN 1.58%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER 0.00%
SOME OTHER RACE ALONE 1.43%
TWO OR MORE RACES 2.22%
HISPANIC OR LATINO (OF ANY RACE) 3.36%
ETHNICITIES PRESENT German (23.21%), Unclassified (14.96%), Irish (10.35%), Italian (8.37%), Polish (8.31%), Other Groups (8.21%), English (3.95%), United States or American (3.80%), Norwegian (2.98%), Swedish (2.16%)
FOREIGN BORN 4.62%
LANGUAGES SPOKEN English (84.35%) , Spanish (2.35%)
About Lake Villa

Lake Villa is a somewhat small village located in the state of Illinois. With a population of 6,078 people and four constituent neighborhoods, Lake Villa is the 283rd largest community in Illinois.

Lake Villa has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Lake Villa, where the median household income is $65,078.

Unlike some villages, Lake Villa isn't mainly white- or blue-collar. Instead, the most prevalent occupations for people in Lake Villa are a mix of both white- and blue-collar jobs. Overall, Lake Villa is a village of sales and office workers, managers, and professionals. There are especially a lot of people living in Lake Villa who work in management occupations (17.14%), office and administrative support jobs (16.08%), and sales jobs (10.58%).

Also of interest is that Lake Villa has more people living here who work in computers and math than 95% of the places in the US.

Because of many things, Lake Villa is a great place for families with children to consider. First of all, many other families with children live here, making Lake Villa a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village's good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Villa has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Villa's overall crime rate is lower than average for the country.

One downside of living in Lake Villa, however, is that residents on average have to contend with a long commute, spending on average 34.75 minutes every day commuting to work.

Being a small village, Lake Villa does not have a public transit system used by locals to get to and from work.

Lake Villa Information and Demographics

The population of Lake Villa is very well educated relative to most cities and towns in the nation, where the average community has 14.96% of its adult population holding a 4-year degree or higher: 36.87% of adults in Lake Villa have a bachelor's degree or even advanced degree.

The per capita income in Lake Villa in 2000 was $26,238, which is wealthy relative to Illinois and the nation. This equates to an annual income of $104,952 for a family of four. However, Lake Villa contains both very wealthy and poor people as well.

The people who call Lake Villa home come from a variety of different races and ancestries. The most prevalent race in Lake Villa is White, followed by African-American. Important ancestries of people in Lake Villa include German, Irish, Italian, Polish, English, Norwegian, and Swedish.

The most common language spoken in Lake Villa is English. Some people also speak Spanish.

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