Willow Lake, IL
Population 838 · Illinois
About Willow Lake, IL
Willow Lake is a small community in Illinois with a population of 838 residents. The median household income is $93,750 per year, which is above the national average. The median age in Willow Lake is 56.6 years.
Housing in Willow Lake has a median home value of $154,100 and median monthly rent of $0. Of the 391 total housing units, the majority are owner-occupied, with 358 owner-occupied and 20 renter-occupied units.
The unemployment rate in Willow Lake is 0.0% and the poverty rate is 6.7%. 24.2% of residents hold a bachelor's degree or higher. The average commute time is 19.8 minutes.
Cost of Living in Willow Lake, IL
Compared to national averages, Willow Lake has a median household income of $93,750 (25% above the national median of $75,149). Home values average $154,100, which is 37% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Willow Lake's income is 25% above the state average of $75,072, and home values are 7% below the state median of $165,779.
Why Live in Willow Lake, IL?
Willow Lake offers a strong local economy with a median household income of $93,750, well above the national average, and affordable housing with a median home value of $154,100, 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 low poverty rate of 6.7%, better than the national average, and short commute times averaging just 19.8 minutes.
Willow Lake has a population of 838 with a median age of 56.6 years. Compare Willow Lake with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Willow Lake
What is the population of Willow Lake, IL?
The population of Willow Lake, IL is 838 according to the latest Census data.
What is the median household income in Willow Lake?
The median household income in Willow Lake, IL is $93,750 per year.
What is the median home value in Willow Lake?
The median home value in Willow Lake, IL is $154,100.
What is the average rent in Willow Lake?
The median monthly rent in Willow Lake, IL is $0.
What is the unemployment rate in Willow Lake?
The unemployment rate in Willow Lake, IL is 0.0%.