Lake Villa, IL
REAL ESTATE & DEMOGRAPHIC DATA



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Lake Villa profile


Living in Lake Villa


Lake Villa is a somewhat small village located in the state of Illinois. With a population of 8,627 people and two constituent neighborhoods, Lake Villa is the 241st 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.

Lake Villa is a decidedly white-collar village, with fully 86.68% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Villa is a village of sales and office workers, professionals, and managers. There are especially a lot of people living in Lake Villa who work in office and administrative support (14.79%), sales jobs (14.73%), and management occupations (12.07%).

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 ranks among the lowest in the country, making it one of the safest places to raise a family.

One downside of living in Lake Villa, however, is that residents on average have to contend with a long commute, spending on average 35.15 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Despite being a small village, Lake Villa has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.

If knowledge is power, Lake Villa is a pretty powerful place. 50.36% of the adults in Lake Villa have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Lake Villa in 2010 was $41,675, which is wealthy relative to Illinois and the nation. This equates to an annual income of $166,700 for a family of four.

Lake Villa is a somewhat 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 11.76% 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.


Real Estate in Popular Lake Villa Neighborhoods

Zip Codes in Lake Villa, IL