Lake in the Hills, IL
Population 28,853 · Illinois
About Lake in the Hills, IL
Lake in the Hills is a mid-sized city located in Illinois with a population of 28,853 residents according to the latest US Census Bureau American Community Survey data. The median household income is $113,491 per year, which is 51% above the national median of $75,149. The median age of 36.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lake in the Hills features a median home value of $296,400, which is 21% above the national median of $244,900. This positions Lake in the Hills in a moderately priced market relative to the rest of the country. Median monthly rent is $1,634, 40% above the national average of $1,163/month. Of the 10,150 total housing units, 85% are owner-occupied (8,364 units) and 15% are renter-occupied (1,534 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake in the Hills shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake in the Hills have an average one-way commute time of 32.3 minutes.
Education & Demographics
36.7% of Lake in the Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.8% White, 0.9% Hispanic or Latino, 2.3% Black or African American, and 4.1% Asian residents, with 13.6% of the population being foreign-born.
Cost of Living in Lake in the Hills, IL
Compared to national averages, Lake in the Hills has a median household income of $113,491 (51% above the national median of $75,149). Home values average $296,400, which is 21% above the national median. Monthly rent at $1,634 is 40% above the US average of $1,163. Within Illinois, Lake in the Hills's income is 51% above the state average of $75,072, and home values are 79% above the state median of $165,779.
Why Live in Lake in the Hills, IL?
Lake in the Hills offers a strong local economy with a median household income of $113,491, well above the national average, and a well-educated community where 36.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.9%, better than the national average.
Lake in the Hills has a population of 28,853 with a median age of 36.6 years. Compare Lake in the Hills with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lake in the Hills
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burbank | 28,822 | $83,975 | $258,900 | Compare |
| Danville | 28,663 | $44,239 | $76,800 | Compare |
| Lansing | 28,415 | $71,805 | $168,500 | Compare |
| Glen Ellyn | 28,270 | $133,346 | $522,600 | Compare |
| Galesburg | 29,653 | $45,213 | $89,800 | Compare |
| Huntley | 27,859 | $86,349 | $318,500 | Compare |
| Algonquin | 29,904 | $131,753 | $324,000 | Compare |
| McHenry | 27,774 | $86,865 | $244,900 | 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.
Compare Lake in the Hills With Other Cities
Frequently Asked Questions about Lake in the Hills
What is the population of Lake in the Hills, IL?
The population of Lake in the Hills, IL is 28,853 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Lake in the Hills?
The median household income in Lake in the Hills, IL is $113,491 per year, which is 51% above the national median of $75,149.
What is the median home value in Lake in the Hills?
The median home value in Lake in the Hills, IL is $296,400, which is 21% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake in the Hills?
The median monthly rent in Lake in the Hills, IL is $1,634, which is 40% above the national average of $1,163/month.
What is the unemployment rate in Lake in the Hills?
The unemployment rate in Lake in the Hills, IL is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake in the Hills, IL a good place to live?
Lake in the Hills offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 28,853 and a median age of 36.6, the city appeals to a broad range of residents.
How educated is Lake in the Hills, IL?
36.7% of residents in Lake in the Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake in the Hills?
Key cost-of-living indicators for Lake in the Hills, IL: median home value is $296,400 (21% above national), median rent is $1,634/month, and median household income is $113,491. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake in the Hills?
The poverty rate in Lake in the Hills, IL is 3.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake in the Hills, IL?
Lake in the Hills's population is 12.8% White, 0.9% Hispanic or Latino, 2.3% Black or African American, 4.1% Asian, and 2.9% two or more races. 13.6% of residents are foreign-born.