Westlake Village, IL
Population 1,282 · Illinois
About Westlake Village, IL
Westlake Village is a small town located in Illinois with a population of 1,282 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,424 per year, which is 91% above the national median of $75,149. The median age of 43.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Westlake Village features a median home value of $210,900, which is 14% below the national median of $244,900. This positions Westlake Village in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 447 total housing units, 100% are owner-occupied (447 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Westlake Village shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Westlake Village have an average one-way commute time of 28.5 minutes.
Education & Demographics
28.2% of Westlake Village 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 3.4% White, 3.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Westlake Village, IL
Compared to national averages, Westlake Village has a median household income of $143,424 (91% above the national median of $75,149). Home values average $210,900, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Westlake Village's income is 91% above the state average of $75,072, and home values are 27% above the state median of $165,779.
Why Live in Westlake Village, IL?
Westlake Village offers a strong local economy with a median household income of $143,424, well above the national average, and affordable housing with a median home value of $210,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 2.4%, better than the national average.
Westlake Village has a population of 1,282 with a median age of 43.5 years. Compare Westlake Village with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Westlake Village
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Phoenix | 1,284 | $25,703 | $86,300 | Compare |
| Clifton | 1,279 | $69,276 | $184,100 | Compare |
| Louisville | 1,288 | $44,318 | $86,300 | Compare |
| Timberlane | 1,291 | $194,286 | $349,700 | Compare |
| Griggsville | 1,272 | $37,457 | $84,400 | Compare |
| Cambria | 1,271 | $51,042 | $140,100 | Compare |
| Germantown | 1,268 | $83,661 | $185,300 | Compare |
| Divernon | 1,262 | $72,936 | $123,900 | 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 Westlake Village With Other Cities
Frequently Asked Questions about Westlake Village
What is the population of Westlake Village, IL?
The population of Westlake Village, IL is 1,282 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 Westlake Village?
The median household income in Westlake Village, IL is $143,424 per year, which is 91% above the national median of $75,149.
What is the median home value in Westlake Village?
The median home value in Westlake Village, IL is $210,900, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Westlake Village?
The median monthly rent in Westlake Village, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Westlake Village?
The unemployment rate in Westlake Village, IL is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Westlake Village, IL a good place to live?
Westlake Village offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,282 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Westlake Village, IL?
28.2% of residents in Westlake Village 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 Westlake Village?
Key cost-of-living indicators for Westlake Village, IL: median home value is $210,900 (14% below national), median rent is $0/month, and median household income is $143,424. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Westlake Village?
The poverty rate in Westlake Village, IL is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Westlake Village, IL?
Westlake Village's population is 3.4% White, 3.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.