Lake Villa, IL
Real Estate & Demographic Data

Lake Villa profile

Living in Lake Villa

Lake Villa is a somewhat small village located in the state of Illinois. With a population of 8,692 people and four constituent neighborhoods, Lake Villa is the 247th largest community in Illinois.

Lake Villa real estate is some of the most expensive in Illinois, although Lake Villa house values don't compare to the most expensive real estate in the U.S.

A relatively large number of people in Lake Villa telecommute to their jobs. Overall, about 9.47% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

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.

In Lake Villa, however, the average commute to work is quite long. On average, people spend 33.73 minutes each day getting to work, which is significantly higher than the national average.

Lake Villa is one of the most well-educated cities in the nation. 43.96% of adults in Lake Villa have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Lake Villa in 2018 was $46,936, which is wealthy relative to Illinois and the nation. This equates to an annual income of $187,744 for a family of four.

Lake Villa is a very ethnically-diverse village. The people who call Lake Villa home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Villa residents report their race to be White, followed by Asian. Lake Villa also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.29% of the village’s residents. Important ancestries of people in Lake Villa include German, Polish, Irish, Italian, and English.

The most common language spoken in Lake Villa is English. Other important languages spoken here include Spanish and Polish.