Third Lake is a very small village located in the state of Illinois. With a population of 1,194 people and just one neighborhood, Third Lake is the 603rd largest community in Illinois.
Real Estate Prices
Third Lake real estate is some of the most expensive in Illinois, although Third Lake house values don't compare to the most expensive real estate in the U.S.
Occupations and Workforce
Third Lake is a decidedly white-collar village, with fully 94.01% of the workforce employed in white-collar jobs, well above the national average. Overall, Third Lake is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Third Lake who work in management occupations (18.64%), teaching (14.15%) and office and administrative support (11.70%).
Also of interest is that Third Lake has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Third Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Third Lake really has some of the features that families look for when choosing a good community to raise children. Is Third Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Third Lake, however, the average commute to work is quite long. On average, people spend 32.43 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Despite being a small village, Third Lake 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.