Eagle Lake, IL
Population 164 · Illinois
About Eagle Lake, IL
Eagle Lake is a small community located in Illinois with a population of 164 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 33.7 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 Eagle Lake features a median home value of $0, which is 100% below the national median of $244,900. This makes Eagle Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 55 total housing units, 100% are owner-occupied (55 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eagle Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eagle Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
23.3% of Eagle 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 33.5% of the population being foreign-born.
Cost of Living in Eagle Lake, IL
Compared to national averages, Eagle Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Eagle Lake's income is 100% below the state average of $75,072, and home values are 100% below the state median of $165,779.
Why Live in Eagle Lake, IL?
Eagle Lake offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Eagle Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eagle Lake has a population of 164 with a median age of 33.7 years. Compare Eagle Lake with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Eagle Lake
What is the population of Eagle Lake, IL?
The population of Eagle Lake, IL is 164 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Eagle Lake?
The median household income in Eagle Lake, IL is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Eagle Lake?
The median home value in Eagle Lake, IL is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eagle Lake?
The median monthly rent in Eagle Lake, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Eagle Lake?
The unemployment rate in Eagle Lake, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Eagle Lake, IL a good place to live?
Eagle Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 164 and a median age of 33.7, the city appeals to young professionals and families.
How educated is Eagle Lake, IL?
23.3% of residents in Eagle 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 Eagle Lake?
Key cost-of-living indicators for Eagle Lake, IL: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Eagle Lake?
The poverty rate in Eagle Lake, IL is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eagle Lake, IL?
Eagle Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 33.5% of residents are foreign-born.