Candlewick Lake, IL
Population 5,459 · Illinois
About Candlewick Lake, IL
Candlewick Lake is a small town located in Illinois with a population of 5,459 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,820 per year, which is 26% above the national median of $75,149. The median age of 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Candlewick Lake features a median home value of $169,200, which is 31% below the national median of $244,900. This positions Candlewick Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,539, 32% above the national average of $1,163/month. Of the 1,738 total housing units, 91% are owner-occupied (1,413 units) and 9% are renter-occupied (140 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Candlewick Lake shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Candlewick Lake have an average one-way commute time of 41.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
19.3% of Candlewick Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 13.1% White, 1.8% Hispanic or Latino, 7.6% Black or African American, and 0.0% Asian residents, with 8.9% of the population being foreign-born.
Cost of Living in Candlewick Lake, IL
Compared to national averages, Candlewick Lake has a median household income of $94,820 (26% above the national median of $75,149). Home values average $169,200, which is 31% below the national median. Monthly rent at $1,539 is 32% above the US average of $1,163. Within Illinois, Candlewick Lake's income is 26% above the state average of $75,072, and home values are 2% above the state median of $165,779.
Why Live in Candlewick Lake, IL?
Candlewick Lake offers a strong local economy with a median household income of $94,820, well above the national average, and affordable housing with a median home value of $169,200, below the US average of $244,900, and a low poverty rate of 7.9%, better than the national average.
Candlewick Lake has a population of 5,459 with a median age of 34.3 years. Compare Candlewick Lake with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Candlewick Lake
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilmington | 5,507 | $63,514 | $216,400 | Compare |
| Spring Valley | 5,508 | $63,964 | $125,000 | Compare |
| Lake Holiday | 5,402 | $112,250 | $235,300 | Compare |
| Lake Barrington | 5,400 | $132,857 | $451,400 | Compare |
| Carlinville | 5,574 | $52,738 | $108,000 | Compare |
| Posen | 5,331 | $71,994 | $172,800 | Compare |
| Grandwood Park | 5,311 | $124,847 | $313,000 | Compare |
| Pana | 5,277 | $45,083 | $82,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Candlewick Lake With Other Cities
Frequently Asked Questions about Candlewick Lake
What is the population of Candlewick Lake, IL?
The population of Candlewick Lake, IL is 5,459 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Candlewick Lake?
The median household income in Candlewick Lake, IL is $94,820 per year, which is 26% above the national median of $75,149.
What is the median home value in Candlewick Lake?
The median home value in Candlewick Lake, IL is $169,200, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Candlewick Lake?
The median monthly rent in Candlewick Lake, IL is $1,539, which is 32% above the national average of $1,163/month.
What is the unemployment rate in Candlewick Lake?
The unemployment rate in Candlewick Lake, IL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Candlewick Lake, IL a good place to live?
Candlewick Lake offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 5,459 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Candlewick Lake, IL?
19.3% of residents in Candlewick Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Candlewick Lake?
Key cost-of-living indicators for Candlewick Lake, IL: median home value is $169,200 (31% below national), median rent is $1,539/month, and median household income is $94,820. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Candlewick Lake?
The poverty rate in Candlewick Lake, IL is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Candlewick Lake, IL?
Candlewick Lake's population is 13.1% White, 1.8% Hispanic or Latino, 7.6% Black or African American, 0.0% Asian, and 3.7% two or more races. 8.9% of residents are foreign-born.