Lake Holiday, IL
Population 5,402 · Illinois
About Lake Holiday, IL
Lake Holiday is a small community in Illinois with a population of 5,402 residents. The median household income is $112,250 per year, which is above the national average. The median age in Lake Holiday is 48.7 years.
Housing in Lake Holiday has a median home value of $235,300 and median monthly rent of $1,859. Of the 2,496 total housing units, the majority are owner-occupied, with 2,065 owner-occupied and 168 renter-occupied units.
The unemployment rate in Lake Holiday is 6.5% and the poverty rate is 10.9%. 30.2% of residents hold a bachelor's degree or higher. The average commute time is 43.5 minutes.
Cost of Living in Lake Holiday, IL
Compared to national averages, Lake Holiday has a median household income of $112,250 (49% above the national median of $75,149). Home values average $235,300, which is 4% below the national median. Monthly rent at $1,859 is 60% above the US average of $1,163. Within Illinois, Lake Holiday's income is 50% above the state average of $75,072, and home values are 42% above the state median of $165,779.
Why Live in Lake Holiday, IL?
Lake Holiday offers a strong local economy with a median household income of $112,250, well above the national average, and affordable housing with a median home value of $235,300, below the US average of $244,900, and a low poverty rate of 10.9%, better than the national average.
Lake Holiday has a population of 5,402 with a median age of 48.7 years. Compare Lake Holiday with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lake Holiday
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Barrington | 5,400 | $132,857 | $451,400 | Compare |
| Candlewick Lake | 5,459 | $94,820 | $169,200 | Compare |
| Posen | 5,331 | $71,994 | $172,800 | Compare |
| Grandwood Park | 5,311 | $124,847 | $313,000 | Compare |
| Wilmington | 5,507 | $63,514 | $216,400 | Compare |
| Spring Valley | 5,508 | $63,964 | $125,000 | Compare |
| Pana | 5,277 | $45,083 | $82,000 | Compare |
| Highwood | 5,243 | $101,862 | $454,500 | 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 Lake Holiday
What is the population of Lake Holiday, IL?
The population of Lake Holiday, IL is 5,402 according to the latest Census data.
What is the median household income in Lake Holiday?
The median household income in Lake Holiday, IL is $112,250 per year.
What is the median home value in Lake Holiday?
The median home value in Lake Holiday, IL is $235,300.
What is the average rent in Lake Holiday?
The median monthly rent in Lake Holiday, IL is $1,859.
What is the unemployment rate in Lake Holiday?
The unemployment rate in Lake Holiday, IL is 6.5%.