Heritage Lake, IL
Population 1,708 · Illinois
About Heritage Lake, IL
Heritage Lake is a small community in Illinois with a population of 1,708 residents. The median household income is $117,422 per year, which is above the national average. The median age in Heritage Lake is 40.3 years.
Housing in Heritage Lake has a median home value of $210,600 and median monthly rent of $0. Of the 609 total housing units, the majority are owner-occupied, with 593 owner-occupied and 16 renter-occupied units.
The unemployment rate in Heritage Lake is 0.0% and the poverty rate is 10.2%. 37.5% of residents hold a bachelor's degree or higher. The average commute time is 30.5 minutes.
Cost of Living in Heritage Lake, IL
Compared to national averages, Heritage Lake has a median household income of $117,422 (56% above the national median of $75,149). Home values average $210,600, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Heritage Lake's income is 56% above the state average of $75,072, and home values are 27% above the state median of $165,779.
Why Live in Heritage Lake, IL?
Heritage Lake offers a strong local economy with a median household income of $117,422, well above the national average, and affordable housing with a median home value of $210,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 37.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.2%, better than the national average.
Heritage Lake has a population of 1,708 with a median age of 40.3 years. Compare Heritage Lake with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Heritage Lake
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Carrier Mills | 1,702 | $50,269 | $57,300 | Compare |
| De Soto | 1,701 | $52,131 | $88,800 | Compare |
| Cairo | 1,699 | $35,493 | $28,200 | Compare |
| Teutopolis | 1,693 | $96,875 | $230,400 | Compare |
| Washington Park | 1,728 | $42,008 | $43,200 | Compare |
| Steeleville | 1,732 | $60,982 | $155,100 | Compare |
| Venice | 1,682 | $34,609 | $54,000 | Compare |
| Hillcrest | 1,679 | $77,609 | $151,900 | 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.
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Frequently Asked Questions about Heritage Lake
What is the population of Heritage Lake, IL?
The population of Heritage Lake, IL is 1,708 according to the latest Census data.
What is the median household income in Heritage Lake?
The median household income in Heritage Lake, IL is $117,422 per year.
What is the median home value in Heritage Lake?
The median home value in Heritage Lake, IL is $210,600.
What is the average rent in Heritage Lake?
The median monthly rent in Heritage Lake, IL is $0.
What is the unemployment rate in Heritage Lake?
The unemployment rate in Heritage Lake, IL is 0.0%.