Lake Villa is a somewhat small village located in the state of Illinois. With a population of 8,825 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 86.54% 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 (19.82%), management occupations (13.41%) and sales jobs (11.59%).
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.
Telecommuters are a relatively large percentage of the workforce: 10.76% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Lake Villa is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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 35.22 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.
In Lake Villa, a lot of people use the train to get to work every day though Lake Villa is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Lake Villa is one of the most well-educated cities in the nation. 44.68% 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 2010 was $34,280, which is wealthy relative to Illinois and the nation. This equates to an annual income of $137,120 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 12.64% of the village’s residents. Important ancestries of people in Lake Villa include German, Irish, Polish, Italian, English and Norwegian.
The most common language spoken in Lake Villa is English. Some people also speak Spanish.
|LAKE VILLA INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||2,998|
|LAKE VILLA HOME OWNERSHIP|
|% OWNER OCCUPIED||76.20%|
|% RENTER OCCUPIED||23.80%|
|TYPE OF LAKE VILLA HOMES|
|SINGLE FAMILY DETACHED||73.09%|
|ROWHOUSES AND ATTACHED HOMES||5.17%|
|SMALL APARTMENT BUILDINGS||2.13%|
|COMPLEXES OR HIGH RISE APARTMENTS||19.61%|
|SIZE OF LAKE VILLA HOMES|
|5 OR MORE BEDROOMS||5.36%|
|AGE OF LAKE VILLA HOMES|
|NEWER HOMES (2000 OR LATER)||29.32%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||58.71%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||7.05%|
|HISTORIC (1939 OR BEFORE)||4.92%|
|LAKE VILLA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$244,735|
|MEDIAN RENTAL PRICE||$1,215|
|HOME VALUE RANGE|
|$0 - $53,000||3.18%|
|$53,001 - $106,000||1.70%|
|$106,001 - $212,000||21.45%|
|$212,001 - $317,000||56.70%|
|$317,001 - $423,000||13.32%|
|$423,001 - $529,000||3.31%|
|$529,001 - $794,000||0.35%|
|$794,001 - $1,058,000||0.00%|
|PEOPLE OF LAKE VILLA||DETAILS|
|UNDER 5 YEARS||6.95%|
|5 TO 17||24.07%|
|18 TO 24||6.28%|
|25 TO 34||11.91%|
|35 TO 54||29.92%|
|55 TO 64||11.52%|
|65 YEARS AND OVER||9.35%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.63%|
|MEDIAN HOUSEHOLD INCOME||$82,351|
|PER CAPITA INCOME||$34,280|
|INDIVIDUALS BELOW POVERTY LEVEL||3.29%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (20.54%)
Professional, scientific, and technical services (7.08%)
Public Service (5.18%)
|BLACK OR AFRICAN AMERICAN||4.36%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.01%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.14%|
|SOME OTHER RACE ALONE||1.23%|
|TWO OR MORE RACES||3.60%|
|HISPANIC OR LATINO (OF ANY RACE)||12.64%|
|ETHNICITIES PRESENT||German (28.65%)
|LANGUAGES SPOKEN||English (87.18%)
Other Asian languages (1.13%)
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